“When Hinton was interviewed on the American television show 60 Minutes, the interviewer asked whether he was angry at those who had put him in jail. He responded that he had forgiven all the people ...

I decided to start the year by revisiting my work on estimating reaction functions for the ECB (see the appendix to ECB Set to Cut Rates Amid Trade Turmoil and Will the ECB cut interest rates on ...

Forbes contributors publish independent expert analyses and insights. Macro strategy, with a fixed income and derivative bias. The Fed was dovish up to the June meeting. The Fed was dovish at the June ...

ECB's Lane: Last week's cut guards against any uncertainty about our reaction function by demonstrating that we are determined to make sure that inflation returns to target in the medium term.

The paper models monetary policy in China using a hybrid McCallum-Taylor empirical reaction function. The feedback rule allows for reactions to inflation and output gaps, and to developments in a ...

Bloomberg's Cameron Crise discusses how to think about possible shifts in the dot plot and a QT taper in light of the Fed's recent reaction function.

Bloomberg's Cameron Crise discusses the Fed projections implied by market pricing and economist dot-plot forecasts, based on the FOMC reaction function.