EPISODE · Mar 11, 2020 · 9 MIN
#3 – Central banks: Addressing the policy dilemma
from Macro Waves · host BNP Paribas Economic Research
In the third podcast, William De Vijlder shows how a central bank’s persistently accommodating monetary policy to bring inflation in line with the target can have a negative impact over the long term, threatening both growth and financial stability. In case of a crisis, central banks no longer have much room to intervene, since they have used up their manoeuvring room in the pursuit of their inflation target.Hosted on Ausha. See ausha.co/privacy-policy for more information.
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#3 – Central banks: Addressing the policy dilemma
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