Study Group: Currency and Exchange Rate Experts: Economists (US)(?)

Some members on this site have called for an easing of monetary conditions through a rate cut. They do not agree with the Fed's decision to leave rates alone for the time being. But the Fed's mantra is: deploy the right instruments at the right time for the right objective. Touching all three bases...

An understanding of the factors determining central bank independence is essential if we wish to see how central banking and the conduct of monetary policy differs between most industrial and emerging market  countries.  The article in The Economist cites a recent IMF study...

A correct understanding of the role of the Fed as a central bank and of the policy instruments at its disposal is key to understanding its decision to leave interest rates unchanged earlier this week. Calls for lowering rates may be premature given the current state of the economy as a whole, not...

It is important to analyze the distorting effects of price controls if in fact Nitish Grover is right in saying that the Indian government is contemplating imposition of such controls. This article will look at some of the consequences of price controls for the Indian economy. 

The WSJ article analyzes the Federal Reserve Bank's (FRB's) reaction to the Asain financial crisis of the late 1990s and the high-tech bust of 2000-01. It is understandable that the FRB wanted to avoid a severe economic downturn resulting from these meltdowns by pumping money into the economy by...