Monetary policy guides inflation and economic growth. Learn what it means, the main types, and how central banks manage interest rates and stabilize the economy.

Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...

The Federal Reserve doesn’t need to adopt a “Monetary Policy Rule.” Not only would the central bank shed the pretense of rules-based constraints on its power during times of upheaval and uncertainty ...

Discover how a policy mix combines fiscal and monetary policies to stabilize economies. Learn its components, benefits, and ...

"A government that issues its own currency can always pay its bills. It doesn't need to collect taxes or borrow to spend." Warren Mosler The only accurate parts of former state Sen. Damon Thayer's ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

This data series is part of the Center for Monetary Research. Monetary Policy Surprises data capture the exogenous changes in interest rates over tight windows around the monetary policy announcements ...

2026 will likely be the year when we will start to see serious flaws, with the pure fiat global monetary system exposed. The root cause is the need for accommodating central bank policies in the face ...

Demand for stablecoins has risen significantly but the crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks said. Stablecoins, a ...

Perhaps most notably, Nigeria achieved macroeconomic adjustment without a large-scale IMF bailout. By allowing the naira to find its market equilibrium, policymakers restored transparency and ...