Discover how the Bank of Japan manages monetary policy, issues currency, and ensures financial stability in the Japanese economy.

Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy. Monetary policy refers to the actions taken by a central bank or monetary ...

This fintech note presents an analysis of the implications of central bank digital currency (CBDC) for monetary policy. In our framework, the implications of CBDC issuance on monetary policy are ...

This note provides a conceptual framework to organize discussions of the appropriateness of the monetary policy stance and presents tools that country teams can employ to measure, report, and evaluate ...

Financial conditions indexes summarize a broad range of financial indicators with the goal of measuring how financial markets affect economic activity. Evidence from event studies with high-frequency ...

Learn how accommodative monetary policy by central banks expands the money supply and stimulates economic growth through lower interest rates.

This data series is part of the Center for Monetary Research. Monetary Policy Surprises data capture the exogenous changes in interest rates over tight windows around the monetary policy announcements ...