Monetary policy in the grip of a pincer movement

Monetary policy has come under strain since the global financial crisis (GFC) of 2007–09. Once the GFC broke out central banks’ swift and determined response was essential to stabilise markets and to avoid a self-reinforcing downward spiral between the financial system and the real economy. But putt...

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Autores principales: Borio, Claudio, Disyatat, Piti, Juselius, Mikael, Rungcharoenkitkul, Phurichai
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
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Acceso en línea:https://hdl.handle.net/20.500.12580/3873
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