and are published to elicit comments and to further debate This paper reexamines some unsettled theoretical and empirical issues regarding the relationship between nominal exchange rates and interest ...

Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate This paper examines the distribution of output around capacity when money ...

GDP, manage fiscal sustainability, and why understanding debt dynamics is crucial for smart investment decisions ...

1) IRSs can be used to hedge the interest rate risk (nominal and real) of liabilities by receiving the fixed rate under the swap agreement and paying the floating rate. The result is a portfolio of ...

The Federal Reserve says at almost every opportunity that policymakers watch all sorts of data and trends before adjusting ...

The current policy rate of 28 per cent continues to exceed inflation, demonstrating the Monetary Policy Committee's (MPC) commitment to anchoring expectations. However, with the real policy rate of 28 ...

Monetary Policy Committee (MPC) will hold its third scheduled meeting of 2025 on Thursday to decide on key interest ...

A surprisingly dovish shift in tone by the Reserve Bank this week is good news for the stockmarket and may also help support ...