Discover how the European Monetary System (EMS) stabilized currencies and laid the groundwork for the euro, creating economic unity in Europe from 1979 onwards.

NEW YORK (Reuters) -Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the findings of a joint ...

Slowing growth, political shocks and high public debt have made central bank decisions more influential than ever.

This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics. Author’s note: This is the first part of a ...

Discover Milton Friedman's K-Percent Rule, which advocates for a steady, annual money supply increase aligned with GDP growth, ensuring economic stability.

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

Central banks set policy to support the economy, provide liquidity, and promote financial stability. Modern central banking requires adaptation to current demands and a framework that fosters agility ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Monetary policy is the bedrock of any ...

Dan Cohen receives funding from the Social Sciences and Humanities Research Council Martine August receives funding from the Social Sciences and Humanities Research Council of Canada (SSHRC), and the ...

Good afternoon, ladies and gentlemen. It’s a pleasure to join you here today — at the 29 th International Financial Congress, convened by the Bank of Russia — to explore how digital technologies could ...

Good morning. I’m very pleased to be in such eminent company, especially that of my former advisor at Stanford, John Taylor. And I’ll begin my presentation with a reference to another pathbreaking ...