Addressing Spillovers from Prolonged U.S. Monetary Policy Easing /
There is growing recognition that prolonged monetary policy easing of major economies can have extraterritorial spillovers, driving up financial system leverage in other countries. When faced with such a rise of threats to financial stability, what can countries do? Specifically, is there a role for...
| Main Author: | Cecchetti, Stephen |
|---|---|
| Other Authors: | Narita, Machiko, Rawat, Umang, Sahay, Ratna |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2021.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2021/182 |
| Subjects: | |
| Online Access: | Full text available on IMF |
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