Financial markets are expected to experience a turbulent start in 2026 before turning positive. A significant market downturn ...

The C.B.O. said that the amount of debt held by the public is expected to become much larger than the annual output of the ...

As 2025 begins, the trajectory of U.S. monetary policy remains one of the most hotly debated topics in financial and economic circles. Following a tumultuous 2024 marked by persistent inflationary ...

Throughout Gov. Josh Shapiro’s roughly 90-minute budget rollout speech, the keen-eared might have noticed something counterintuitive: Shapiro spent a significant amount of time talking about things ...

Discover non-standard monetary policies, those beyond traditional methods, and their role in economic recovery; see examples like quantitative easing and negative rates.

Since 2009, the Federal Reserve has managed monetary policy by controlling the quantity of securities it buys outright. The Fed implemented three rounds of quantitative easing, significantly ...

Monetary policy has been relentlessly focused on ways to increase the flow of credit to the productive sectors of the economy. Against the backdrop of a resilient economy and low inflation, keeping ...

This paper examines how housing market overvaluation—measured by the price-to-rent ratio and its deviations from long-term trends—affects the transmission of monetary policy. Using U.S.

Surveys of professional economic forecasters and financial market data can reveal public perceptions about the future conduct of monetary policy. Current estimates suggest that both professional ...

We study the role of life insurers in the transmission of US monetary policy. Insurers have uniquely long-term liabilities. We posit that they face a trade-off between matching liability duration ...