The Fed should be bound to fixed rules in conducting monetary policy because discretionary power can destabilize the economy.­ • Interest rate flexibility: The money growth rule was intended to allow ...

Austan Goolsbee told CBS' "Fact the Nation" that central banks that have the ability to conduct monetary policy with no ...

How does the Federal Reserve influence the economy?">The main tools the Fed uses to conduct monetary policy include open market operations, the discount rate, and reserve requirements. Read next ...

Monetary policy and is "inextricably" tied to financial stability, Federal Reserve Vice Chair for Supervision Michael Barr said on Tuesday. “Regulation of financial markets, regulation and ...

Bloomberg offers a real-time, event-driven news feed. A steady research flow is critical to properly conducting monetary policy and understanding how markets react. Along with a vast array of ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes.

said economists agree that central banks that have the ability to conduct monetary policy with no political tampering have better outcomes for their economies. For those that do not have that ...