Will the US labour market withstand monetary tightening?
By Christophe Blot In March 2022, the US central bank began tightening monetary policy in response to rapidly rising inflation. Since then, the target rate […]
Monetary policy
Reforming the Growth and Stability Pact: The Commission has fallen on the debt
By Jérôme Creel In its communication of 9 November 2022, the European Commission outlined the contours of the new European fiscal framework that should, in […]
Can the US Federal Reserve bring inflation back to 2%?
by Christophe Blot At the monetary policy meeting on 16 March 2022, the Federal Reserve raised its interest rate by a quarter point to 0.5%[1]. […]
Is the war in Ukraine influencing central bank monetary policy?
by Christophe Blot The end of 2021 was marked by growing concern among central banks about inflation[1]. As pressure on prices intensified with Russia’s invasion […]
What direction for monetary policy in 2022?
By Christophe Blot With the return of inflation in 2021, the focus is now on the central banks and their mandate for price stability. Between […]
Should the Eurozone rely on the US?
by Christophe Blot, Caroline Bozou and Jérôme Creel The Covid-19 pandemic has led governments and central banks around the world to implement expansionary fiscal and […]
The “modern theory of money” – is it useful?
by Xavier Ragot A heated debate is currently taking place in macroeconomics. The change in US economic policy following the election of Joe Biden has […]
Monetary Policy During the Pandemic: Fit for Purpose?
Christophe Blot, Caroline Bozou and Jérôme Creel In a recent Monetary Dialogue Paper for the European Parliament, we review and assess the different policy measures […]
Public debt: Central banks to the rescue?
By Christophe Blot and Paul Hubert In response to the health and economic crisis, governments have implemented numerous emergency measures that have pushed public debt up […]
What more could the central banks do to deal with the crisis?
By Christophe Blot and Paul Hubert The return of new lockdown measures in numerous countries is expected to slow the pace of economic recovery and even lead […]