Transmission of Monetary Policy

By Huge H

Which are the various channels of transmission of monetary policy? How can conventional monetary policy be transmitted? How does unconventional monetary policy differs in the channels of transmission of monetary policy? Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate. ~ Urjit Patel…

Monetary Policy Frameworks – An overview

By Huge H

What is Monetary Policy? Why is it important? What frameworks can central banks deploy? What is the difference between conventional and unconventional monetary policy? Monetary policy is like juggling six balls… it is not ‘interest rate up, interest rate down.’ There is the exchange rate, there are long term yields, there are short term yields,…