Monetary policy guides inflation and economic growth. Learn what it means, the main types, and how central banks manage interest rates and stabilize the economy.

The Federal Reserve doesn’t need to adopt a “Monetary Policy Rule.” Not only would the central bank shed the pretense of rules-based constraints on its power during times of upheaval and uncertainty ...

Surveys of professional economic forecasters and financial market data can reveal public perceptions about the future conduct of monetary policy. Current estimates suggest that both professional ...