Geographies in Depth
How does monetary policy affect bank stability?
Monetary policy can stabilize the economy, averting a systemic crisis. These measures helped shore up stability, with the positive effects outweighing the negative effects.
Monetary policy can stabilize the economy, averting a systemic crisis. These measures helped shore up stability, with the positive effects outweighing the negative effects.
There are good arguments both in favour and against the idea that more labour market flexibility will deliver benefits to an economy during a downturn.
