Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes. In this paper, we identify exogenous monetary shocks with the ‘interest rate ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We study the role of life insurers in the transmission of US monetary policy. Insurers have uniquely long-term liabilities.

The US central bank plans to reduce its pace of quantitative tightening. Don’t read too much into this. It’s not about an ...

This article by Kirill Yurovskiy provides a comprehensive overview of how AI is transforming macroeconomic stability, ...

The growth in savings affects banking significantly. Any talk of deposits in terms of growth or composition reflects the ...

US employers likely slowed hiring in March amid consumer caution and economic concerns over higher tariffs, impacting job ...

Bank of Japan policymakers were at loggerheads this month over how soon they should raise interest rates again as some ...

Bangladesh has experienced high inflation since 2022. After hovering around 5.5 percent between 2016 and 2021, the inflation ...

Trust developed during interactions between Mexico and the IMF in those difficult years made Carstens a natural choice to ...

Some economists fear that excessive government debt will lead to an economic crisis and recession. However, the real threat ...