The debate over how far to cut interest rates while inflation remains above target has pushed inflation measurement back to ...

This paper examines the effectiveness of inflation targeting (IT) frameworks during the global inflation surge of 2022, a shock primarily driven by large adverse supply side disruptions following the ...

In August 2009, the State Bank of Pakistan (SBP) officially changed its monetary policy framework from targeting monetary aggregates to an interest rate-based monetary policy framework, known as the ...

The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last month, which showed that while policymakers anticipate further interest rate cuts, they ...

The Federal Reserve's policy framework is in flux, with credibility eroding after 4.5 years of missing its 2% inflation target. Current rate-cutting bias persists despite persistent inflation ...

Next week’s Federal Open Market Committee meeting promises to be one of the most interesting in recent memory. Based on comments of Fed officials, the vote about whether to lower the fed funds rate by ...

The Federal Reserve's current dual mandate interpretation prioritizes employment over inflation, risking long-term credibility and failing to achieve its 2% inflation target. Recent policy shifts, ...

India is likely to retain the existing inflation target for its central bank with the setup viewed as effective in managing ...

The South African Reserve Bank (Sarb) Governor Lesetja Kganyago has defended the government’s decision to lower the inflation target, saying the move is aimed at protecting the value of money, ...