Explore "fool in the shower," Milton Friedman's metaphor explaining monetary policy's timing challenges and how overcorrection can impact the economy's stability.

Understand how central banks monetize government debt by trading interest-bearing securities for cash, impacting inflation and economic stability.

Surveys of professional economic forecasters and financial market data can reveal public perceptions about the future conduct of monetary policy. Current estimates suggest that both professional ...

The Indian rupee crossed Rs 90 to the dollar in early December 2025, marking its weakest level on record. Why did the RBI allow the currency to slide instead of stepping in to defend it, and why are ...