Policy Mixology: Finding the Right Dosage
- 05 Septiembre 2022 (5 min de lectura)
Key point:
- The articulation of fiscal and monetary policy in dealing with the inflation shock is crucial. We welcome a generalization of measures breaking the relationship between wholesale and retail energy prices. The United Kingdom (UK) may provide another “lab experiment” though: the market is ready to “cut some slack” for governments dealing with the current crisis, but visibility on the future fiscal consolidation is necessary.
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