Ider, Gökhan; Kriwoluzky, Alexander; Kurcz, Frederik; … - 2023
This study examines whether central banks can combat inflation that is caused by rising energy prices. By using a high … Reserve (Fed) are capable of doing so by affecting domestic and global energy prices. This “energy-price channel” of monetary … policy plays an important role in the transmission mechanism of monetary policy. As many major sources of energy, such as oil …