This Monetary Policy Report (MPR) is made pursuant to Section 29(2) of the Bank of Zambia Act, 2022. This MPR was approved by the Monetary Policy Committee on May 13, 2024 and contains the information available as of May 7, 2024. Composition of the Monetary Policy Committee constituted ...
This Monetary Policy Report (MPR) is made pursuant to Section 29(2) of the Bank of Zambia Act, 2022. This MPR was approved by the Monetary Policy Committee on May 13, 2024 and contains the information available as of May 7, 2024. Composition of the Monetary Policy Committee constituted ...
Does the Fed draw the lesson that aggressive monetary policy is ultimately destabilizing? Not at all. Instead, it embarks on an even more activist monetary policy that lays the seeds of an even bigger boom-bust cycle. By “aggressive monetary policy,” the author means lowering interest rates...
Posted in Easy money, Inflation, Joe Biden, Monetary Policy, tagged Easy money, Inflation, Joe Biden, Monetary Policy on June 7, 2024| 7 Comments » Economists say inflation is the result of bad monetary policy. The Biden White House, however, says inflation is caused by greedy companies...
December 4, 2024 Adrian Orr, Monetary policy The Reserve Bank Governor has given an interview to TVNZ’s Katie Bradford, apparently done under the aegis of the Q&A show but too late in the year to actually be broadcast on Q&A itself or to be done by Jack Tame, Q&A’s regular and mos...
27. See, for example, the box "Monetary Policy Rules in the Current Environment" in Board of Governors of the Federal Reserve System (2024),Monetary Policy Report (PDF)(Washington: Board of Governors, March), pp. 41–43; and Federal Reserve Bank of Cleveland (2024), "Simple Monetary Poli...
February 21, 2025 Adrian Orr, CBDC, Monetary policy I decided not to bother listening to the Reserve Bank’s appearance at FEC yesterday morning. After all, the OCR decision had been much as expected and foreshadowed, the forecast tracks etc hadn’t changed much, and – with all due res...
T. C. Koopmans Demolishes the Phillips Curve as a Guide to Policy Published February 4, 2024 Arthur Burns , Irving Fisher , T. C. Koopmans , Wesley C. Mitchell 2 Comments Tags: Cowles Commission, National Bureau of Economic Research Nobel Laureate T. C. Koopmans wrote one of the most...
… As the recession worsened, Volcker faced repeated calls from Congress to loosen monetary policy, but he maintained that failing to bring down long-run inflation expectations now would result in “more serious economic circumstances over a much longer period of time” (Monetary Policy Report 1982...
I'm pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today's policy announcement and the Bank's Monetary Policy Report (MPR). Our policy decision today has two elements. First, we raised our policy interest rate by 25 basis points to 4.50% and we are continuing ...