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 ...

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?

When interest rates rise, for example, savers can earn more on their ... However, many of the impacts of monetary policy are delayed and difficult to evaluate. Additionally, economic participants ...