Why is Modern Monetary Theory back in the spotlight? The leader of the Green Party, Zack Polanski – whose more assertive, charismatic and left-populist tenure has seen the party dramatically surge in ...

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.

THE FEDERAL RESERVE is usually run by technocratic consensus. Today it has become a battleground. On September 17th the Fed cut interest rates for the first time since December, by a quarter of a ...

Journal Editorial Report: The Fed Chief signals rate cuts are coming. As we saw during the Covid pandemic, lab-created experiments can wreak havoc when they escape their confines. Once released, they ...

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 ...

Simon Fraser University provides funding as a member of The Conversation CA. Simon Fraser University provides funding as a member of The Conversation CA-FR. Few words spark more anxiety in public ...

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 ...

Billionaire Ray Dalio says Donald Trump’s tariffs fuel deglobalization and unsustainable trade imbalances, which could lead to a breakdown in the global monetary order. Legendary investor Ray Dalio ...

In his December press conference, Federal Reserve Chair Jerome Powell said the central bank was embarking on a "new phase" of monetary policymaking. Just what that entails will play out over the next ...

Inflation is all over the news and commentary today, particularly after a presidential election that was allegedly all about it. The problem remains that few who utter the word grasp its singular ...

Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...