DiscoverMacro Waves#3 – Central banks: Addressing the policy dilemma
#3 – Central banks: Addressing the policy dilemma

#3 – Central banks: Addressing the policy dilemma

Update: 2020-03-11
Share

Description

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.
Comments 
In Channel
loading
Download from Google Play
Download from App Store
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

#3 – Central banks: Addressing the policy dilemma

#3 – Central banks: Addressing the policy dilemma

BNP Paribas Economic Research