Good afternoon. Thank you for the invitation to speak to you. I am delighted to have the opportunity to address this distinguished group of macroeconomic forecasters. Today I will discuss how I ...

Gold prices soared above $4,400 on Monday to reach a new all-time high, as analysts pointed to rising geopolitical tensions ...

Slowing growth, political shocks and high public debt have made central bank decisions more influential than ever.

Discover how easy money policy lowers interest rates, boosts lending, and stimulates economic growth. Learn the tools used and the effects on your financial decisions.

This paper examines the challenges of formulating monetary policy in the face of heightened uncertainty. We develop a framework to assess the optimal monetary policy path under uncertainty, focusing ...

Discover Milton Friedman's K-Percent Rule, which advocates for a steady, annual money supply increase aligned with GDP growth, ensuring economic stability.

Masuch, Klaus, Sergio Nicoletti Altimari, Huw Pill, and Massimo Rostagno. "The Role of Money in Monetary Policy Making." Chap. 8 in Background Studies for the ECB's Evaluation of Its Monetary Policy ...

Global growth is projected at 3.1 percent in 2024 and 3.2 percent in 2025, with the 2024 forecast 0.2 percentage point higher than that in the October 2023 World Economic Outlook (WEO) on account of ...