Page 2 - Athanasios Orphanides News Today

Recommendations from the review of the Reserve Bank of Australias approach to stability seem mostly procedural and lack ideas for substantive change.

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Fifty years ago, a war broke out in the Middle East which resulted in a global oil embargo and a dramatic spike in energy prices.

Coming out of COVID, it looked as if central bankers had pulled it off again, with a floor under asset prices and a lid on bond yields. Then inflation started to rise.

<p><span>Policymakers and researchers have begun reassessing certain features of the economy and monetary policy in light of recent experience. After several decades in which supply was highly elastic and inflation was low and relatively stable, a series of supply shocks associated with the pandemic and Russias war against Ukraine have contributed to high inflation, in combination with a very rapid recovery in demand. The experience with the pandemic and the war highlights the challe...

After decades of mission creep, the world’s monetary policy makers can regain credibility by getting back to basics

Do more by trying to do less is how former Reserve Bank of India Governor Raghuram Rajan describes his advice to central bankers.

The power—and the limits—of central banks’ balance-sheets | Special report

Seventeen months have passed since the U.S. economy faced the full force of the COVID-19 pandemic.

Seventeen months have passed since the U.S. economy faced the full force of the COVID-19 pandemic.