We document the state-dependence of monetary policy transmission to output and core consumer prices in a sample of eleven large inflation-targeting emerging markets along three cyclical dimensions: ...
The significant drop in Nigeria’s inflation rate from 34.8 per cent in December 2024 to 15.15 per cent in December last year was largely driven by the monetary policy decisions and structural reforms ...
For most of the past three years, central banks have treated artificial intelligence the way they treat climate change or demographics: a long-horizon force worth monitoring, but not yet an instrument ...
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The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reaffirmed the Bank’s commitment to orthodox monetary policy, transparency, and evidence-based decision-making, describing ...
Michelle Bowes is a Sydney-based business and personal finance journalist; author of 'Money Queens: Rule Your Money', a personal financial guidebook for teenage girls; and a personal finance speaker ...
Financial conditions indexes summarize a broad range of financial indicators with the goal of measuring how financial markets affect economic activity. Evidence from event studies with high-frequency ...
The business practice of adjusting prices using algorithms powered by artificial intelligence—known as AI pricing—has grown ...
Central banks in late 2021 kicked off the steepest and most coordinated series of interest rate hikes in four decades to contain the postpandemic inflation outbreak (see Chart 1). Many economists ...