✉news BusinessBanking first seen 9 d ago, last 6 d ago, peak #2
Central banks weigh monetary policy under high public debt
Original: Monetary policy in times of high public debt
Economists at the Centre for Economic Policy Research and the European Central Bank are examining how monetary policy should operate when public debt levels are elevated. The debate centres on whether high debt constrains central banks' ability to fight inflation, and how interest rate decisions interact with fiscal sustainability across advanced economies.
Why now: High inflation and record public debt levels have reignited debate over the trade-off between price stability and fiscal sustainability
European Central BankCentre for Economic Policy Research
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- Monetary policy in times of high public debt · CEPR
- Monetary policy in times of high public debt · CEPR
- Monetary policy in times of high public debt · European Central Bank
- Monetary policy in times of high public debt · European Central Bank
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