The IMF’s mission is to promote macroeconomic and financial stability among its 191 member countries. It does so by providing short-term lending to countries in economic crises, by assessing economic ...

Central banks in late 2021 kicked off the steepest and most coordinated series of interest rate hikes in four decades to contain the postpandemic inflation outbreak (see Chart 1). Many economists ...

Foreign exchange intervention is a monetary policy tool used by the central banks of countries that actively seek to weaken ...