The first is a central bank able to conduct monetary policy with some degree of independence. No central bank can be entirely independent of government influence, but it must be free in choosing the ...

If there’s production there is money. It’s that simple. "Money” is merely an agreement about value among producers that ...

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1697 as compared to the previous day's fix of 7.1733 and 7.2330 Reuters estimate.

The meeting, chaired by PBOC Governor Pan Gongsheng, reaffirmed its commitment to follow the "moderately loose" monetary ...

However, with a single instrument—our policy interest rate—we can’t lean against weaker output and higher inflation at the same time. As we consider our monetary policy response, we will need to ...

TITLE:\xa0 Monetary Economics in Emerging and Developing CountriesAUTHORS: Joshua Yindenaba Abor, Peter Quartey, Joseph G. Nellis and Lakshmy SubramanianREVIEWER: Ernest Aryeetey ,Emeritus Professor ...