Federal Reserve Chair Jerome Powell spoke on March 29, discussing the latest personal consumption expenditures report and inflation expectations. Powell emphasized the need for more good inflation ...

Explore "fool in the shower," Milton Friedman's metaphor explaining monetary policy's timing challenges and how overcorrection can impact the economy's stability.

In this first memo, we want to briefly discuss a number of the more pressing issues on our mind, namely: the evolution of the global monetary system, the excessive amount of debt around the world, and ...

The Federal Reserve Building in downtown Washington DC, USA at night. HDR image. The Hoover Institution sponsored a conference this week at Stanford University to commemorate the 50-year anniversary ...

In the complex panorama of global financial governance, the Federal Reserve (Fed) and the European Central Bank (ECB) stand as pivotal entities steering the economic fate of their respective ...

Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded desired levels. The success of these disinflation attempts reveals the extent of ...

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 ...

Good afternoon. It is a pleasure to be with you here at this critical juncture for the global economy. Since early April, the US effective tariff rate has increased to levels last seen over a hundred ...

1. The G-24 notes with deep concern the humanitarian suffering caused by fragility, violence and wars across the world, and we call for an end to all hostilities. We call attention to the importance ...

US Federal Reserve Chair Jerome Powell on Friday made remarks at the Jackson Hole Symposium and left doors open foor a possible rate cut in the Fed's upcoming meeting. US stocks extended gains ...