What other factors does Williams note contributed to the inflation experienced in the U.S. in 2020 and 2021?

The Phillips curve describes an inverse relationship between unemployment and inflation. Why does former Federal Reserve Chair Ben Bernanke say that there is “not a simple inverse relationship between ...

"It's very important that we maintain our independence with respect to monetary policy," Michelle Bowman, vice chair for ...

It highlights the importance of unconventional monetary policy measures in supplementing conventional tools especially during the easing cycle. Further, it examines the voting pattern of the MPC in ...

The likelihood of a rate cut in July is low, but at least one member of the Federal Open Market Committee is advocating for ...

The Federal Reserve hasn’t seen two governors break ranks with the board since 1993. It could happen at this month’s FOMC ...

With core inflation still high in many advanced economies, central banks may need to keep monetary policy tighter for longer than is currently priced in markets. In emerging market economies, progress ...