Monetary Policy

Working Paper

International Currency Dominance

WP 26-21 – We propose a model of the international monetary system to study currency competition and the emergence of a dominant currency.

Featured Work

Thoughts on the U.S. Economy and the Year Ahead

Philadelphia Fed President and CEO Anna Paulson shared her perspective on economic issues at the 2026 Allied Social Science Associations Annual Meeting.

Does Experiencing High Inflation Change Economic Behavior?

Philadelphia Fed President and CEO Anna Paulson gave a presentation at the 2026 Allied Social Science Associations (ASSA) annual meeting. She participated in a panel discussion titled Lifetime Experiences and Implications for Monetary Policy.

Monetary Policy Report: Using Rules for Benchmarking, December 2025

This special report highlights ongoing work to benchmark the stance of monetary policy using a range of policy rules that are widely employed in studies of monetary economics.