The Federal Reserve has been using quantitative easing and quantitative tightening to conduct monetary policy. The approach has been effective in achieving the Federal Reserve's goals. The strong ...

Quantitative easing (QE) is a non-traditional monetary policy tool used by central banks, particularly when interest rates are already low and cannot be reduced further. It was popularized during the ...

Arguments for monetary policy are that it controls inflation through a target interest rate; is quick and easy to implement; ...

The European Central Bank will make clear in future whether it’s deploying unconventional tools to steer the monetary-policy stance or ensure smooth transmission, Governing Council member Francois ...

In the complex panorama of global financial governance, the Federal Reserve (Fed) and the European Central Bank (ECB) stand as pivotal entities steering the economic fate of their respective ...

This paper evaluates the popular view that quantitative easing exerts greater international spillovers than conventional monetary policies. To distinguish the effects of these policies, we use a term ...

This paper investigates the impact of monetary policy on capital misallocation, focusing on its heterogeneous effects on firms. Using Spanish firm-level data spanning 1999 to 2019, we demonstrate that ...