Últimos Artículos

Tariffs and monetary policy: A toxic mix

The history of tariffs and immigration and capital barriers provides clear lessons of the potentially sizeable economic costs of anti-globalisation policies. This column describes how the...

5 questions about central banks and digital currency

In third-century Rome, Julius Paulus Prudentissimus, chief legal advisor to Emperor Severus Alexander, described the fundamental rationale for a government-issued currency using terms tha...

Why credibility is a central bank’s key currency