Economists call this chain of developments the transmission mechanism. My focus here is on the first link in that chain. With a change in the overnight rate, other interest rates along the maturity ...

“In short, the transmission mechanism ... to the direction of interest rates than previously thought presents potential issues for the Fed going forward. On one hand, “rate cuts may not ...

The U.S. economy could be headed for stormy waters in 2025 if the Federal Reserve does not take action soon on interest rates ... "The traditional transmission policy mechanism has broken ...

The Bank of Jamaica (BOJ) held its policy rate at six per cent during its March 2025 Monetary Policy Committee (MPC) meetings ...

The IMF paper The Insurer Channel of Monetary Policy highlights how life insurers, as major investors in corporate bonds, ...

The central bank: intensify the strength of monetary policy regulation, cut RRR and interest rates at an appropriate time, and study the creation of new structural monetary policy tools. According to ...

Beginning in January 2021, over less than two years, credit card usage by small U.S. businesses nearly doubled, interest payments rose by 60%, and delinquencies reached 2.8%. In this paper, we utilize ...