Monetary policy in difficult times
The UK economy has been buffeted by large disturbances in the last couple of years. Andrew Bailey sets out the key elements of monetary and financial stability policy
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fiscal policy
A new template for the European fiscal framework
The European fiscal rules have been temporarily suspended since March 2020 to enable member states to take emergency measures against the COVID crisis. Martin et al argue this should be taken as an opportunity for an ambitious reform of a now clearly outdated fiscal framework
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