Three factors have delayed the impact of the Fed's interest rate increases: the decline in gas prices, and pandemic-related supply chain issues in vehicle production and housing construction. The U.S.
Housing is typically an important market by which the Fed’s interest rate hikes get translated into a slowdown. But despite steep Fed rate hikes, housing under construction remains just under record ...
The study examines the effect of remittance inflows on the effectiveness of monetary policy transmission channels in Nigeria using the New-Keynesian DSGE model. The study employs quarterly data ...