When a nation's economy slides into a recession, these same policy tools can be operated in reverse, constituting a loose or expansionary monetary policy. In this case, interest rates are lowered ...

Last month, returning to Japan for the first time since the Covid-19 pandemic, I was struck by how significantly prices had ...

Within weeks of Donald Trump's 2016 election, U.S. Federal Reserve policymakers began mulling the impact of expected tax cuts ...