30 years: Debt capital markets
In the last video on this series, Tim highlights the impact of QE as a unconventional monetary policy tool and stresses the importance of a coordinated policy response when dealing with difficult economic conditions.
In the last video on this series, Tim highlights the impact of QE as a unconventional monetary policy tool and stresses the importance of a coordinated policy response when dealing with difficult economic conditions.
14 mins
A central bank has a variety of tools, both conventional and unconventional, that it can use to stimulate economic growth or slow an overheated economy so as to meet its objectives. Monetary policy must be carefully coordinated with fiscal and regulatory policy to realise its maximum potency.
Key learning objectives:
Understand how QE works and its effects
Identify the importance of the coordination of policy tools
Describe a modern monetary theory
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