Tobal, Martin; Menna, Lorenzo - In: Latin American journal of central banking : LAJCB 1 (2020) 1/4, pp. 1-8
During the 1990s and early 2000s, the consensus was that central banks had to adjust interest rates only in response to inflation and (possibly) output. Such consensus was questioned in the aftermath of the Global Financial Crisis, as well as during the present pandemic. In contrast with most of...