Allow me to take a few minutes to explain why this is the case ... Any widening or narrowing of risk premiums is not something monetary policy can influence. But monetary policy can, and does, take ...
Comprehensive, country-specific understanding of housing and mortgage markets can help calibrate monetary policy ...
Scharfstein, David S., and Adi Sunderam. "Market Power in Mortgage Lending and the Transmission of Monetary Policy." April 2015. Mimeo.
Remarks by Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System at “Reassessing the Effectiveness and Transmission of Monetary Policy,” an economic symposium sponsored by ...
MONETARY POLICY transmission in the Philippines remains “weak,” as seen in the muted movements in actual bank lending rates compared to the changes to the Bangko Sentral ng Pilipinas’ (BSP) policy ...