Bonam, Dennis (contributor); Ciccarelli, Matteo (contributor) - 2024
In the low inflation and low interest rate environment that prevailed over the period 2013-2020, many argued that … macroeconomic recovery. Since the end of 2021 an environment of higher inflation, lower growth, higher uncertainty, and higher … report explores some of the renewed challenges to monetary and fiscal policy interactions in an environment of high inflation …