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The economic characteristics of the COVID-19 crisis differ from those of previous crises. It is a combination of demand- and supply-side constraints which led to the formation of a monetary overhang that will be unfrozen once the pandemic ends. Monetary policy must take this effect into...
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import demand contributed to the rise in domestic inflation. …
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The coronavirus crisis that started in December 2019 was declared a pandemic by March 2020 and had devastating global …
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the inflation–unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized … recession and eventually turn to stagflation in India due to inflation caused by the weak supply side. However, in the UK, the …
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The core personal consumption expenditure (PCE) price index, the Federal Reserve's preferred inflation gauge, rose to 5 … unless corrected with restrictive monetary policies. Thus, the inflation shock since COVID-19 is not transitory, but it is …
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