Monetarism is the theory that the proper control of a country's monetary supply is the primary determinant of that country's economic health ... conjured monetary policy by the Federal Reserve.

Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...

Thus, it is challenging to assess the extent to which monetary policy tightening was responsible for the recent decline in inflation. In this Economic Letter, we compare the recent episode to other ...