The combination of a contractionary fiscal policy and expansionary monetary policy delivers better outcomes when applied at reasonably strong levels of demand, a situation that exists at present. The ...
Trump’s policies have added to our contextual complexity. Faced with conflicting demands, India’s central bank should wait for key uncertainties to play out before making a policy rate move.
In a global secular stagnation, expansionary fiscal policy carries positive spillovers implying gains from coordination, and fiscal policy is self-financing. Expansionary monetary policy, by contrast, ...
In accordance with the decision taken by the Monetary Policy Board, the Central Bank of Sri Lanka (CBSL) will maintain the Overnight Policy Rate (OPR) at the current level without revision, CBSL ...