Governments and central banks can shield the economy from shocks.
https://nitter.privacydev.net/search?q=%23TheECBblog
looks at a recent high-level conference that analysed the interaction of fiscal and monetary policy and questioned some long-held beliefs.
https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240403~f3e74210a9.en.html

[2024-04-03 15:07 UTC]