Global Business Network
In my opening statement, I would like to address the relationship between monetary and fiscal policy, as their successful interaction is critical for dealing with shocks, such as the economic fallout of the pandemic crisis, and what will come in its aftermath. First, the interaction between monetary and fiscal policy has made a comeback in … Read more
I. Recent Economic and Price Developments A. Economic Developments I will begin my speech by talking about overseas economies. The growth rates for the April-June quarter of 2020 were substantially negative in many countries due to measures such as lockdowns implemented in response to the spread of the novel coronavirus (COVID-19). However, those for the … Read more
Remarks by Mr Agustín Carstens, General Manager of the BIS, at the Hoover Institution policy seminar, Basel, 27 January 2021. Source link