In this paper we empirically examine the operation of the traditional Keynesian interest rate channel of the monetary policy transmission mechanism in five potential inflation targeting economies in ...

(see Table 1, below) That is, one of the BOJ’s avenue of transmission of monetary policy interest rate is ... as interbank trading and the price-setting mechanism has been disturbed.

The Reserve Bank of India will soon review its monetary policy. This review will analyse credit conditions. It will also ...

Why are central banks looking at blockchains? Central banks are tiptoeing into the world of blockchain not because it is ...

This IMF working paper presents a QPM-based framework to help developing countries analyze and respond to weather-related ...

This data series is part of the Center for Monetary Research. Monetary Policy Surprises data capture the exogenous changes in interest rates over tight windows around the monetary policy announcements ...

Monetary transmission in simple terms is the mechanism through which changes in monetary policy affect real economic activity. Among the five key channels of transmission — interest rates ...

The Central Bank of Nigeria (CBN), against all odds, has brought new hopes in managing the financial system and economy, signaled by the current macroeconomic stabilisation efforts, which support ...

Every five years, the Bank of Canada and the Government of Canada review and renew the agreement on Canada’s monetary policy framework. We aim to build confidence in the safety and reliability of ...

play a crucial role in the transmission mechanism of monetary policy. Unlike the US — where mortgage contracts are typically fixed for longer periods, track long-term Treasury yields and are ...

It also pledged to smooth the transmission mechanism of monetary policy and improve the efficiency of money utilisation. Such comments underlined a broader plan to spur growth in the world's ...