I would be cautious in declaring victory over inflation and at the same time a bright economic outlook. There is a really long delay between monetary policy measures and their effects, says Jan Frait, Deputy Governor of the Czech...
The trouble with monetary policy is that it can happen quickly. For the fiscal policy so as to agree it takes far longer. In cases of emergency monetary policy is left with the only option of how to deal with a crisis – says...
After the collapse of bubbles in early 1990s and persistent baking sector problems, Japan’s economy had entered into low economic growth since mid-1990s and mild deflation since late 1990s. The average rate of economic growth...
The proper diagnostic on the inflationary nature is a key in adequate calibration of the policy response – thinks Anita Angelovska-Bezohska, Governor of the National Bank of the Republic of North Macedonia.
One of the three new winners of the Nobel Prize in Economics funded by Sweden’s Riksbank, Ben Bernanke, likes challenges – his biography, and above all, his achievements, are proof of this. For this reason, when speaking...
For well over a decade, governments in the developed countries have been borrowing at very low interest rates, sometimes even at negative rates. This is going to end, and probably for a long while.
It has been several weeks since the first news of Russian troops invading the sovereign territory of Ukraine shook the world.
Cash is a safe and highly liquid instrument for payment of goods and services and other transactions which is issued by a central bank.
We have welcomed the initiation of the tightening of monetary policies early in the Fall. Determining an “optimal” timing of the decision to change the monetary policy stance is difficult - says Alfredo Cuevas, economist at...
Most often we get to hear about the dollar, the euro or the Swiss franc. The pound will get a mention now and then, and sometimes the yen. The press often reports on emerging currencies, such as the Turkish lira, the Russian...