Economic Growth
Here's how monetary policy can stabilize a volatile economy
In a volatile world of booms and busts in asset prices, how and why should we use monetary policy?
In a volatile world of booms and busts in asset prices, how and why should we use monetary policy?
Improving the private sector’s financial position during booms is supposed to help sustain aggregate demand during future busts. However, low interest rates and weak global growth could p...
