Discover how monetary policy impacts asset classes and learn strategies to optimize your investment portfolio during policy ...

It is no secret that we have been fighting inflation that reached a 40-year high and the Federal Reserve Bank has embarked on a historic interest rate increase to combat inflation. Not only have they ...

Explore how fiscal policy and monetary policy drive aggregate demand, influencing economic growth through spending, taxation, and money supply changes.

It noted that the easing of inflation has also begun to narrow the gap between price growth and wage growth, which had sharply eroded real incomes in recent years ...

Monetary policy is perhaps the most pivotal driver impacting foreign exchange (forex) because it influences the currencies in circulation. Following the Federal Reserve’s announcement of hike rates to ...

Since the federal funds rate peaked at 22% in the early 1980s, inflation in the United States has remained low and stable, leading many to believe that the mere threat of renewed interest-rate hikes ...

We incorporate incumbent innovation in a Keynesian growth framework to generate an endogenous distribution of market power across firms. Existing firms increase markups over time through successful ...

Many economists take for granted that the Federal Reserve has contributed positively to economic stabilization in the U.S., but its track record warrants a critical appraisal. Since the creation of ...

On November 14th the McKinsey Global Institute published a report assessing the distributional effects of unconventional monetary policy. We are hosting a round-table discussion on the report and ...

Forbes contributors publish independent expert analyses and insights. I am a clinical professor of finance at Kellogg School of Management. This article is more than 3 years old. Stagflation is when ...

With the expected move by the Federal Reserve to raise interest rates before the end of the year, many are asking about the effects on emerging market countries. Will outflows increase, and how will ...

It is a common misperception, going back to the 1970s, that rapid oil price increases lead to recessions. Today, many pundits are rejuvenating this false idea as a possible consequence of the rising ...