Essays on Central Bank

Inflation targeting is a monetary policy framework in which central banks set an explicit inflation rate and announce it publicly. This has advantages and disadvantages, which will be described in the paper. The ability to reconcile predictability and expectations is one of the key benefits of inflation targeting. This means that...

The United States Treasury Department has played a significant role in the provision of government services to the people throughout American history. The history of the agency dates back to the early days of the American Revolution. This was the period during which the Continental Congress, meeting in Philadelphia, identified...

The presence and scope of internal organizations (IO) extend across the globe, where it plays an important role in global affairs. At the moment, at least 238 of these organizations are working on every potential topic around the world. International organizations have a key role in humanitarian crises, financial meltdowns,...

In order to have a policy rate confined by the usage of the zero lower bound, most central banks adopt a tactic known as quantitative easing. Quantitative easing also refers to the practice of making significant purchases of financial assets. The goal of quantitative easing is to increase the amount...