monetary

Hearing of the Committee on Economic and Monetary Affairs of the European Parliament

Hearing of the Committee on Economic and Monetary Affairs of the European Parliament

Speech by Christine Lagarde, President of the ECB, at the hearing of the Committee on Economic and Monetary Affairs of the European Parliament Brussels, 28 November 2022 Over the past 12 months, the ECB has embarked on a rapid and comprehensive process of monetary policy normalization. First, we ended net asset purchases within months. Then …

Hearing of the Committee on Economic and Monetary Affairs of the European Parliament Read More »

Decorative: image of buildings with dollars superimposed and chart with arrows in upward direction with a percentage sign

How do deposit rates react to monetary policy? – Economy of Liberty Street

Alena Kang-Landsberg and Matthew Plosser Editor’s note: When this article was first published, the legend entries for the first chart were transposed; caption corrected (November 21, 9:45 a.m.) When the Federal Open Market Committee (FOMC) wants to raise the federal funds rate target range, it raises interest on reserve balances (IORB) paid to banks, the …

How do deposit rates react to monetary policy? – Economy of Liberty Street Read More »

Fed official warns out of whack markets threaten to blunt monetary policy

Fed official warns out of whack markets threaten to blunt monetary policy

A dysfunction in financial markets risks undermining the effectiveness of the Federal Reserve’s monetary tightening tools, a senior U.S. central bank official has warned, amid growing calls for sweeping reforms to the $24 billion Treasury market. dollars. Speaking at an annual Treasury market conference on Wednesday, New York Fed Chairman John Williams stressed the need …

Fed official warns out of whack markets threaten to blunt monetary policy Read More »