Język Polski
English
Published
:
2014-06-30
The Effect of the Ongoing Crisis on the Monetary Policy of the World's Major Central Banks
Joanna Żabińska
Abstract
It is an opinion shared by many economists that traditional monetary policy has already reached its limits, hence it must be complemented with new, unconventional measures and instruments including e.g. purchase of government debt by central banks or publicizing decisions and factors influencing the main interest rates, which, as is the case of Fed, will affect employment policy; similarly, government debt purchases are closely linked with fiscal policy.(original abstract)Keywords:
Central banks, Monetary policy, Monetary policy instruments, Financial sustainabilityMost read articles by the same author(s)
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Żabińska, J. (2014). The Effect of the Ongoing Crisis on the Monetary Policy of the World’s Major Central Banks. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 54(3). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/1124