Monetary policy is a powerful tool used by the Bank ... Let’s break down some of these terms using simple language and relevant examples to show how they impact our lives daily.

referred to as ‘pass-through’, is an important ingredient of monetary policy transmission to output and prices. Using data on seven different bank interest rates in 30 European countries, different ...

This paper revisits the transmission of monetary policy by constructing a novel dataset of monetary policy shocks for an unbalanced sample of 33 advanced and emerging market economies during the ...

These monetary policy tools facilitate its mandate of working toward maximum employment, price stability, and moderate long-term interest rates. As of 2025, the Fed uses several tools it has ...