This year’s Jackson Hole Economic Symposium of central bankers from around the world is right to focus on the monetary-transmission mechanism, the channel through which monetary policy influences ...

BRASILIA (Reuters) - Brazilian central bank executive director Rogerio Lucca said on Monday that unclogging the transmission channels of monetary policy is a potential challenge, highlighting that ...

BRASILIA (Reuters) - Brazil's central bank governor Gabriel Galipolo said on Wednesday that unblocking monetary policy transmission channels is a generational challenge in the country which will ...

This paper presents a new dataset of monetary policy shocks for 21 advanced economies and 8 emerging markets from 2000-2022. We use daily changes in interest rate swap rates around central bank ...

This paper investigates the impact of monetary policy on capital misallocation, focusing on its heterogeneous effects on firms. Using Spanish firm-level data spanning 1999 to 2019, we demonstrate that ...

In the complex panorama of global financial governance, the Federal Reserve (Fed) and the European Central Bank (ECB) stand as pivotal entities steering the economic fate of their respective ...

Learn the significance of a Fed pivot, when the Federal Reserve shifts its monetary policy, and how these changes affect the ...