We develop a microfounded New Keynesian model to analyze monetary policy and financial stability issues in open economies with financial fragilities and weakly anchored inflation expectations. We show ...

We extend the New Keynesian (NK) model to include endogenous risk. Lower interest rates not only shift consumption intertemporally but also conditional output risk via their impact on risk-taking, ...

William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, ...

paving the way for greater monetary and fiscal actions to shore up domestic demand and confidence, economists and analysts said. The package, unveiled on Wednesday, includes interest rate cuts ...

A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government ...

BEIJING — China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects of weak consumption and the trade war with the United States. The ...

The main macroeconomic levers include monetary and fiscal policies ... Park proposed using fiscal policy measures to boost domestic demand. “You could use fiscal policy to boost domestic ...

China on Wednesday eased key monetary ... policy measures released today are positive for the market and the economy," Zhiwei Zhang, president and chief economist at Pinpoint Asset Management, said in ...

Federal tax collections and tariff policies in April 2025 drained market liquidity, signaling SPX risks and calling for ...

In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to ...

China's central bank has implemented significant monetary easing measures, including interest rate cuts and a reduced reserve requirement for banks, in response to economic pressures. These ...

The Federal Reserve stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher ...