Negative interest rates occur when prices begin to start dropping to low levels as the value of a nation's currency increases. At these times, central banks may resort to negative interest rates. The ...

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.

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

This book asks if independent monetary policy is feasible at a time when central banks prop up the poorly regulated shadow banking sector ...

"Unconventional monetary policy measures cannot fully substitute for conventional monetary policy measures that control short-term interest rates," it concluded. The review was published on ...

They are released once a year with a five-year lag. The Bank of Canada is applying lessons from the global financial crisis as it updates its framework for the use of unconventional monetary policy ...

Published: Inoue, Tomoo, and Tatsuyoshi Okimoto, 2022. "How does unconventional monetary policy affect the global financial markets?" Empirical Economics, Volume 62, Issue 3, 1013-1036.

We apply the structural VAR model to Japan under the unconventional monetary policy regime, 2000Q1 and 2019Q4. In addition to the traditional sign restrictions, we impose narrative sign restrictions ...