Summary. Major world central banks expected inflation to approach 2% in 2024, leading to an easing monetary policy, except for the Bank of Japan.

CFR’s Global Monetary Policy Tracker compiles data from 54 countries around the world to highlight significant global trends in monetary policy.

Governments hoping their nominee for European Central Bank president will keep a steady hand on euro-zone monetary policy can probably take heart from Christine Lagarde’s public views.

Investors drag the world’s loosest central bank toward ‘normal. ... The Bank of Japan meets on monetary policy this week, and it could be an important date on the global economic calendar.

The Bank of England (BoE) is the central bank of the United Kingdom. Its role is similar to that of the Federal Reserve in the U.S.

Legal guarantees of central bank independence are insufficient, by themselves, to guarantee monetary dominance: legislatures can threaten to change laws and international treaties can be ignored, ...

Though monetary policy broadly affects the money supply, there are different levels of that supply. M1 and M2 supply are technical labels used by central bankers to refer to these different tiers.

How does domestic monetary policy in systemic countries spillover to the rest of the world? This paper examines the transmission channel of domestic monetary policy in the cross-border context. We use ...