Monetary Policy is implemented by the Federal Reserve Bank of the U.S. to control inflation, regulate interest rates, and support the efficient functioning of the banking system. Fiscal Policy is ...

The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation The heightened volatility of commodity prices in recent years, reflecting the effects of the pandemic and the war in ...

The euro area economy has recovered strongly following the pandemic and has weathered the consequences of Russia’s war of aggression against Ukraine, in particular regarding the energy price shock.

The Eurogroup welcomes the political agreement, which was reached in February 2024 on a comprehensive reform of the EU's economic governance framework and looks forward to its timely adoption by the ...

Speculation around possible currency agreements has emerged as a key theme in foreign exchange markets, according to Bank of America Securities, while the tailwind from U.S. fiscal policy is fading.

Candidates vying to lead Japan's ruling party are prioritising delivering relief to households hit by inflation as a key plank of their fiscal policy, proposing measures such as tax breaks while ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Adaptation to climate change is an integral part of sustainable development and a necessity for advanced and developing ...

LONDON, Oct 11 (Reuters) - Britain's government should ensure its tax and spending plans are in line with the Bank of England's inflation-fighting goals, the chief economist of the International ...