Indeed, there are six main types of inflation, each of which has unique ... central bank no obvious path forward as it pertains to monetary policy. Under stagflation, raising rates to lower ...

The Federal Reserve has welcomed the New Year by more of the same. As government spending continues to explode, the Fed ...

Monetarists believe that the objectives of monetary policy are best met by targeting the growth rate of the money supply. Monetarism gained prominence in the 1970s—bringing down inflation in the ...

Inflation is always and everywhere a monetary phenomenon,” Milton Friedman once said. In other words, don’t blame greed — ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation A salient feature of the post-COVID inflation surge is that economic activity has remained resilient despite unfavorable ...

Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an ...