Central banks need not fear the widespread tokenization of money and securities, according to recent findings from the Federal Reserve Bank of New York and the Bank for International Settlements. On ...

Discover the differences, benefits, and impacts of fiscal and monetary policies on economic stability and growth.

This paper studies domestic monetary policy transmission in European countries with a significant share of lending and deposits in foreign currency, referred to as ‘euroized economies’. We find that ...

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 ...

This data series is part of the Center for Monetary Research. The U.S. Monetary Policy Event-Study Database (USMPD) collects high-frequency changes of interest rates and asset prices around Federal ...