Monetary policy guides inflation and economic growth. Learn what it means, the main types, and how central banks manage interest rates and stabilize the economy.

What if the affordability crisis is not a failure of markets at all? What if it is the predictable outcome of how modern ...

Forbes contributors publish independent expert analyses and insights. A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat ...

NEW YORK (Reuters) -Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the findings of a joint ...

Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...

Repo operations at the Fed on the last day of 2025 signal growing stress in the financial system, similar to the setup we saw ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

The Bank for International Settlements (BIS) unveiled a new vision for the future of the global monetary and financial system, centered on a tokenized unified ledger. This innovative framework aims to ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. With the recent passage of the GENIUS Act, the United ...

By Silvia SGHERRITwice in the last century, the foundations of global finance shifted, because the burden placed on the machinery of money became unsustainable. Today, we are witnessing another shift, ...

Explore unconventional monetary policy, including quantitative easing, and learn how these strategies can stimulate economic ...