Discover non-standard monetary policies, those beyond traditional methods, and their role in economic recovery; see examples like quantitative easing and negative rates.

This year’s Jackson Hole Economic Symposium of central bankers from around the world is right to focus on the monetary-transmission mechanism, the channel through which monetary policy influences ...

Financial markets adjust frequently to news, sending clues about how the economy is functioning. To expand our understanding of these market perspectives, the San Francisco Fed has increased the ...

Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded desired levels. The success of these disinflation attempts reveals the extent of ...

This paper presents a new dataset of monetary policy shocks for 21 advanced economies and 8 emerging markets from 2000-2022. We use daily changes in interest rate swap rates around central bank ...

At 15 percent, Brazil’s monetary policy interest rate (called Selic) is one of the highest among major economies. Yet in 2024, bank credit grew by 11.5 percent and corporate bond issuance rose by 30 ...