consequences for economic and financial stability, including the ability of countries to conduct autonomous monetary policy. I … address the monetary autonomy issue in the context of the international policy trilemma: Countries seek three typically … desirable but jointly unattainable objectives-stable exchange rates, free international capital mobility, and monetary policy …

consequences for economic and financial stability, including the ability of countries to conduct autonomous monetary policy. I … address the monetary autonomy issue in the context of the international policy trilemma: countries seek three typically … desirable but jointly unattainable objectives: stable exchange rates, free international capital mobility, and monetary policy …

monetary policy in 2023, even if the economic expansion was moderate. Inflation is now falling swiftly and monetary policy is … outlook will meaningfully improve in the near term. In the advanced economies, a high level of policy uncertainty is weighing … on growth while fiscal policy stimuli are waning. In China, economic momentum remains subdued due to structural problems …

masked by foreign exchange interventions and policy rate adjustments. The sensitivity of capital flow pressures to risk …

consequences for economic and financial stability, including the ability of countries to conduct autonomous monetary policy. I … address the monetary autonomy issue in the context of the international policy trilemma: countries seek three typically … desirable but jointly unattainable objectives: stable exchange rates, free international capital mobility, and monetary policy …