This problem, which is by no means confined to dollarized economies, brings into question the policy of monetary targeting as opposed to, for example, relying on a wider set of indicators. Although ...

If there’s production there is money. It’s that simple. "Money” is merely an agreement about value among producers that enables the exchange of actual goods, services, and labor. It’s all ...

CFR’s Global Monetary Policy Tracker compiles data from 54 countries around the world to highlight significant global trends in monetary policy. Who is tightening policy? Who is loosening policy?

How effective monetary policy is at stabilizing prices and economic activity depends in large part on the public’s understanding of the policy framework and strategy. For example, if investors ...

Inflation targeting—a framework for monetary policy that commits the central bank to achieving low inflation—has enjoyed considerable success among industrial countries in helping to maintain price ...

AT A GLANCE: • Tight monetary policy aims to slow down an overheated economy by increasing interest rates. Conversely, loose monetary policy aims to stimulate an economy by lowering interest ...

In March 2025, world central banks registered diverse monetary policy changes, being cautious not to react to economic uncertainties. The Swiss National Bank cut its policy rate by 0.25 percentage ...