Exact(1)
"They are bold on liquidity because they don't see it as mainstream monetary policy," says Charles Wyplosz of the Graduate Institute in Geneva.
Similar(59)
There was a time, not long ago, when Republicans — whatever you might think of their other ideas — were part of the mainstream consensus on monetary policy.
That is testament to the consensus in mainstream macroeconomic circles about the right stance for monetary policy now, and the durability of the framework Mr Bernanke has assembled.
But he comes at monetary policy from a somewhat non-mainstream perspective.
It did no good, but compared with the titanic monetary policy disasters of the era, the effect of Smoot-Hawley was probably very small, or so most mainstream economists believe.
Monetary policy.
What about monetary policy?
Was it monetary policy?
That is monetary policy.
(See also monetary policy).
Loosen monetary policy?
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