Posts Tagged ‘Marc Chandler’

What’s the reference point for the term “tighten/loosen monetary policy stance”?

(Vea la versión en español de esta entrada.) In a recent Twitter discussion, I answered the following query by Ricardo Medina (@ideasalvuelo) (I translate from Spanish): If a central bank holds its monetary policy rate steady while most other central banks lower theirs, has the local central bank tightened its policy stance? Si un Banco […]