We are on the cusp of another economic policy error in the eurozone. Its roots lie in a mixture of complacency about coronavirus and a deep-seated belief that monetary policy has no ammunition left when interest rates are negative and that fiscal policy is, by nature, constrained.
歐元區(qū)看來又將犯下一個(gè)經(jīng)濟(jì)政策錯(cuò)誤。其根源在于對(duì)新型冠狀病毒漫不經(jīng)心,疊加一種根深蒂固的觀念,認(rèn)為當(dāng)利率為負(fù)時(shí)貨幣政策再無彈藥可用,而財(cái)政政策天然受限。
您已閱讀6%(357字),剩余94%(5558字)包含更多重要信息,訂閱以繼續(xù)探索完整內(nèi)容,并享受更多專屬服務(wù)。