Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. In 2019, I was involved in a crypto project that aimed to provide a usable ...

The Federal Reserve, the world’s most powerful central bank, will be at the center of a crowded stage as its monetary-policy committee meets this week.

The policy world is aghast, but President Trump’s desires for monetary affairs aren’t as crazy as conventional wisdom portrays. I see three broad desires: Interest rates should be lower, in part to ...

This paper examines how housing market overvaluation—measured by the price-to-rent ratio and its deviations from long-term trends—affects the transmission of monetary policy. Using U.S.

Since 2009, the Federal Reserve has managed monetary policy by controlling the quantity of securities it buys outright. The Fed implemented three rounds of quantitative easing, significantly ...

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 ...

This paper assesses the stance of monetary policy in eleven Sub-Saharan African (SSA) emerging and frontier market economies. We estimate neutral real interest rates using a range of methodologies, ...

Facing the fragilization of the global monetary system and the contested dominance of the dollar, the BRICS are quietly but surely moving towards a strategic alternative: a common currency backed by ...

Malawi’s broad money supply growth has slowed for the third consecutive month, reflecting the impact of tight monetary policy and lingering effects of the 44 percent currency devaluation in late 2023.

In 2013, I wrote a Forbes column that became one of my most-read and most-cited, “Don’t You Dare Eliminate the Penny.” In it I considered the views of elite opinionators who wanted the United States ...

NEW YORK, May 14 (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 ...

Global Monetary Base grew by 0.5% MoM but has fallen by $580 billion or 2.3% over the last twelve months. We expect the GMB will stabilize over the next quarter and start growing in 2025. If the GMB ...