Spillover Effects from Exiting Highly Expansionary Monetary Policies
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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The prospective normalisation of monetary policies in the main OECD areas will be challenging given that current policy rates are likely to be significantly below neutral levels and that central bank balance sheets will be above the pre-crisis levels by a wide margin. Monetary policy normalisation is likely to start in the United States before...
