Discover how monetary policy impacts asset classes and learn strategies to optimize your investment portfolio during policy ...

It is no secret that we have been fighting inflation that reached a 40-year high and the Federal Reserve Bank has embarked on a historic interest rate increase to combat inflation. Not only have they ...

Explore how fiscal policy and monetary policy drive aggregate demand, influencing economic growth through spending, taxation, and money supply changes.

On November 14th the McKinsey Global Institute published a report assessing the distributional effects of unconventional monetary policy. We are hosting a round-table discussion on the report and ...

Since the federal funds rate peaked at 22% in the early 1980s, inflation in the United States has remained low and stable, leading many to believe that the mere threat of renewed interest-rate hikes ...

Using flow of funds and high frequency data from the Investment Company Institute, we study the effects of monetary policy shocks on the size of non-bank assets as well as on flows into long-term ...

Forbes contributors publish independent expert analyses and insights. I am a clinical professor of finance at Kellogg School of Management. This article is more than 3 years old. Stagflation is when ...

It noted that the easing of inflation has also begun to narrow the gap between price growth and wage growth, which had sharply eroded real incomes in recent years ...

It is a common misperception, going back to the 1970s, that rapid oil price increases lead to recessions. Today, many pundits are rejuvenating this false idea as a possible consequence of the rising ...

Many economists take for granted that the Federal Reserve has contributed positively to economic stabilization in the U.S., but its track record warrants a critical appraisal. Since the creation of ...

We incorporate incumbent innovation in a Keynesian growth framework to generate an endogenous distribution of market power across firms. Existing firms increase markups over time through successful ...