Monetary policy, a crucial tool wielded by central banks, plays a significant role in shaping the economic landscape. Its ...

Monetary policy describes the ways in which the central banks change the money supply in order to accomplish certain economic objectives. In the U.S. this is done by the Federal Reserve.

The paper explores the various monetary policy strategies that may be pursued in the presence of dollarization, considers the implications of dollarization for the practical application and ...

While the overall goal of monetary and fiscal policy is generally the same—to influence the economy—there are inherent differences between the two. Among the key differences between monetary ...

Despite its recent moves to make interest rates less restrictive, the Fed has not changed its approach to its other key monetary policy tool: its balance sheet. The central bank has continued to allow ...

Banking and Financial Sector Developments The banking sector remained stable but showed mixed performance in key indicators ... inflows and a tight monetary policy. The trade deficit widened ...

What monetary policy instruments has the central bank used to achieve this ... an objective largely achieved after the foreign exchange crisis of late 1994—was a key element in allowing the central ...