Policymakers should review issues of exchange rates, growth, and capital flows as certain key assumptions about how the global economy works are under pressure.
European Central Bank executive board member Benoît Coeuré, in remarks prepared for a conference hosted by the University of California, Berkeley’s Clausen Center for International Business and Policy, said the way of addressing the open issues will preset the resilience of the global economic system.
Coeuré added the matter is a significant one for central banks, and if ignored, monetary policies may become ineffective, overburdened, or collectively entangled in suboptimal equilibria.
He also proffered some remarks on the eurozone economy but did not indicate the near-term outlook for monetary policy.
The material has been provided by InstaForex Company – www.instaforex.com
Policymakers should review issues of exchange rates, growth, and capital flows as certain key assumptions about how the global economy works are under pressure.
European Central Bank executive board member Benoît Coeuré, in remarks prepared for a conference hosted by the University of California, Berkeley’s Clausen Center for International Business and Policy, said the way of addressing the open issues will preset the resilience of the global economic system.
Coeuré added the matter is a significant one for central banks, and if ignored, monetary policies may become ineffective, overburdened, or collectively entangled in suboptimal equilibria.
He also proffered some remarks on the eurozone economy but did not indicate the near-term outlook for monetary policy.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: