... under dire economic conditions, Japan became the first country in which a central bank introduced a policy that was officially labeled as QE. The Bank of England subsequently adopted a QE policy in March, 2009. The concept had largely remained foreign to US monetary policy, although the history of US...

...Rifki Ismal Purpose The purpose of this paper is to propose the Islamic monetary instruments as an Islamic approach for the central banking monetary operation. It is assumed that the central bank may not deal with the uncertain return of the project (asset) and its ultimate monetary policy target...

...Osama D. Sweidan Purpose The purpose of this paper is to examine the hypothesis that a central bank's asymmetric preferences are able to explain inflation rate in a developing country. In addition, it seeks to help comprehend movements of inflation rate in Jordan and to understand Central Bank...