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Paul Krugman offers his opinion on the use of monetary policy in todays economy. He states that "monetary policy can still work if you can credibly make commitments about future monetary policy"

This article is about the dependence of Mexico's economy on U.S. monetary policy. Mexico's peso may decline against the dollar, if US government tightens its monetary policy. "Once the United States starts to have a more constrained monetary policy ... it is to be expected that many of the flows that are arriving in Mexico will no longer arrive ... but this is not something we think could seriously affect the Mexican economy". These are the words of Mexico's finance minister Ernesto Cordero.

The governor of the New Zealand central bank said monetary policy would continue to focus on medium term inflation pressures and would be used if they rise because of high commodity prices and the exchange rate.

Monetary policy has become even more accommodative since the peak of the financial crisis in Frankfurt. Read more to discover how the central bank has exerted its power in order to ensure price stability, its primary task.

This article is about statistics that were released last week that indicate that China needs to tighten their monetary policy further in order to fight inflation and stop raising interest rates from the Central Bank.

China has increased the banks' reserve requirements for the seventh time since the tightening cycle in October of 2010. Clearly, China has been and will continue to improve upon their monetary policy.

This article explains the monetary policies that are being taken by the US Government in order to reduce unemployment rates.

Europe tightens their monetary policy, apparently fighting price pressure according to Weber, Bundesbank president. Europe's inflation rate is about 2.7% as of March, up from 2.4%.

U.S. economic activity has slowed in the past few months as oil prices weigh on sentiment. Oil prices could push up headline inflation, it's advised that central banks shouldn't over-react as this is likely to be temporary and could lead to a monetary policy mistake.

India, Mumbai, April 12: The weak industrial output numbers may have sparked calls for a pause in monetary tightening, but the Reserve Bank of India is unlikely to oblige. Also, a sticky inflation situation may force the RBI to raise key rates for the ninth time in 15 months.... It seems as though India is stuck between raising interest rates and reducing inflation or reducing interest rates for the sake of maintaining and stimulating its economic growth...

The article highlights the uncertainty central bank officials must face when directing the implementation of monetary policy. In this particular case, US Fed bank officials are unsure as to the future state of the economy: rising growth and thus inflation or staggered growth. The Fed eventually decided to keep interest rates at near 0 rates as they believe exogenous shocks such as the events in the middle east and natural disasters would maintain economic uncertainty and thus would curb any underlying inflationary pressures.

The article suggests that monetary policy is one of the few countercyclical tools that nearly every economist can get behind. This article also shows how economists think of inflation and get rid of inflation. monetary policy is one of good ways that economists think

This article discusses how the US Federal Reserve will keep interest rates low, using monetary policy to try and increase spending. It also explains their reasoning for it and the possible times when they will finally rise and to what extent.

This article is about the advice of leading industry body ASSOCHAM to the government of India. ASSOCHAM says that the most effective way to bring down the inflation rate is to address supply-side issues, rather than to mess with monetary policy. India's inflation rate has increased from 8.31% to 8.98% from last month.

This industry speciifc article discusses the demand by the Steel manufactures for supply side policy in india to combat rising inflation. They also want an end to monetary policy which they feel is not working. The government has stated that inflation is falling and there is growth.

China has been encountering substantial increases of monetary assets. However, this money growth may be stunted by a fast-approaching inflation. This article explores further into why there will be inflation in China, and what they can do to battle against it. One thing they mention is slowing credit growth. -Michael

This article talks about the long term affects of raising or lowering interest rates. This article talks about how the government can't react too much to inflation because the effects of raising or lowering interest rates may not be seen for two years.