The current bellwether for the health of the global economy is to ask whether the Fed can engineer a soft landing. How it manages the task of lowering inflation will influence the next steps for policymakers

In response to the economy-crippling stagflationary era of the 1970s, the two percent inflation target was adopted by many central banks as a means of preserving purchasing power. But what are the implications of raising this target?

Amid all the talk of when and how to end or reverse quantitative easing (QE), one question is almost never discussed: Why have central banks’ massive doses of bond purchases in Europe and the United States since 2009 had so little effect on the general price level?

Monetary finance could by the key to restarting a stuttering economy, but fears of misuse have left central bankers extremely wary of politicians’ intentions

Having driven European growth for decades, Germany is now on the brink of recession, prompting fears of an economic retreat. Consequently, the European Central Bank is being forced to exhaust the tools at its disposal to keep the bloc running smoothly

While the benefits of digital banking are many, the complete elimination of physical money would be disastrous for Europe’s economy

As nations around the world abandon cash in favour of mobile banking, we may well be witnessing the demise of physical money

At the World Economic Forum meeting in Davos today, George Osborne argued that “monetary policy works”