We analyze empirical links between the perceived tail-risk of inflation, the policy rate, longer-term interest rates … always in reaction to Fed announcements; and, (v) our impulse responses demonstrate that odds of extreme inflation outcomes …

the study is to examine the causality between exchange rate, trade, inflation, FDI and GDP through a series of models. On …The study analyzed the effectiveness of exchange rate on macroeconomic variables of Pakistan. The precise objective of … rate and inflation, but there exists long-run equilibrium relationship between exchange rate and trade. There is also long …

Whenever inflation rears its head, the call soon comes to raise interest rates. The rationale is simple. Higher … interest rates put a damper on the supply of money. And this monetary clamp slows inflation. It’s so intuitive that it must be … inflation. Yet the evidence demonstrates that the opposite is true: higher interest rates are associated with higher inflation …

This paper is part of a dialogue with Blair Fix on how inflation redistributes income between creditors and workers and … the way in which monetary policy affects this process. In his 2023 paper, ‘Inflation! The Battle Between Creditors and … Workers’, Fix shows, first, that the impact of U.S. inflation on creditor-worker distribution has been historically contingent …

aroused widespread concerns in Asia and elsewhere regarding its possible impact in terms of the weakening of the US dollar and … Emerging Asia of $9 billion per quarter was estimated for the first two quarters of the QE2 period, which was relatively …, economic activity or inflation. We also investigate the impacts of QE policy on regional bond yields and exchange rates using …

controlling inflation in Pakistan. The present study fills the gap in the literature by analyzing the nexus of monetary policy …, inflation and growth in Pakistan. The results indicate that credit to private sector, the variable of financial depth, real … exchange rate and budget deficit are found elastic and significant variables to influence the real GDP in Pakistan. The pair …

, through the New Keynesian Phillips Curve, lower inflation. While the proposed model does a good job at matching the observed …