central bank's monetary and payments system functions. …

What is the best way to achieve price stability? Conventional wisdom says that a tough, independent central bank is all … also required, no matter how tough the central bank may be. The choice of the fiscal theory versus the conventional view … has significant implications for the way central banks do business. …

Low inflation over long periods is the sign of an effective central bank. The authors suggest that a large fraction of … central banks. …

countries separate these functions to varying degrees. What lies behind this global diversity? Should a central bank be charged …

--unilaterally, if necessary--and by following through on its initiative to make its central bank autonomous. …

Central banks have done a very impressive job of achieving low and stable rates of inflation in recent years. But … CEO of the Federal Reserve Bank of Cleveland, discusses some of those challenges and how central banks might best prepare …

An assertion that central banks can promote long-term investment and stable economic growth only by guaranteeing price … stability and that a coordinated global easing of monetary policies would damage central-bank credibility and jeopardize …

A discussion of how higher levels of central bank independence are associated with lower and more stable rates of … inflation and why central bank autonomy is critical in a world where most governments are unwilling to hold themselves publicly …

Monetary policy rules help central banks exercise the discipline necessary to achieve their long-term goals. The type …

Do central banks control the business cycle? Should price stability be their only monetary policy goal? Do politicians … give up a degree of power and gain nothing personally when they grant central banks independence? This Commentary argues … conference on the Origins and Evolution of Central Banking, sponsored by the Central Bank Institute of the Federal Reserve Bank …