In a purely economic sense, inflation refers to a general increase in price levels due to an increase in the quantity of money; the growth of the money stock increases faster than the level of ...

Understanding the role of fiscal policy in financial markets is one of the most important steps in learning how the economy really works.

The study shows that the relationship between inflation, growth, and interest rates changes sharply across different economic conditions, making monetary policy far more effective in inflationary ...

The Fed held the Fed Funds Rate at 4.25-4.50%, citing solid labor market conditions and elevated inflation. Chair Powell emphasized a "wait and see" approach, highlighting "uncertainty" and "no need ...

The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central bank sets monetary policy.

Inflation is a term that often surfaces in economic discussions, but what exactly does it mean? At its core, inflation refers ...

The debate over how far to cut interest rates while inflation remains above target has pushed inflation measurement back to ...

We investigate the impact of high frequency monetary policy shocks in Brazil using daily data and Rigobon’ s identification via heteroskedasticity. We show that positive changes in interest rates ...

Learn the significance of a Fed pivot, when the Federal Reserve shifts its monetary policy, and how these changes affect the economy and financial markets.

In 2025 Alena Wabitsch won the ECB's Young Economist Prize with the research highlighted in this blog post. Applications for the 2026 Prize will be ...