AT A GLANCE: • Tight monetary policy aims to slow down an overheated economy by increasing interest rates. Conversely, loose ...

Both fiscal and monetary policy are tools used to keep the U.S. economy healthy. Both can affect your personal economy. But that's where the similarities end. There's actually a big difference between ...

The ongoing feud between President Trump and Fed Chairman Jerome Powell centers on interest rates. This tells us more about the near-universal view of what constitutes monetary policy than it does ...

In his December press conference, Federal Reserve Chair Jerome Powell said the central bank was embarking on a "new phase" of monetary policymaking. Just what that entails will play out over the next ...

Contractionary monetary policy consists of actions taken by the Federal Reserve to curtail inflation by dampening economic growth. Learn more below. Policymakers in the central bank and federal ...

Jordi Galí is one of the leading economists in modern macroeconomics and monetary policy research. He currently serves as a ...