How can real-time data and sophisticated analytical tools be used to inform policy decisions and adjustments?

Oct 25, 2018 ... Because Italy's debt is very high—over 130 percent of GDP—the proposed budget violates EU fiscal rules. The European Commission has announced ... A contractionary monetary policy will raise interest rates, discourage borrowing for investment and consumption spending, and cause the original demand curve ( ... Contractionary monetary shocks raise unemployment more strongly than expansionary shocks lower it. Page 1 policies during the Great Recession after reduc- ing ... Contractionary monetary policy systematically increases inequality in labor earnings, total income, consumption and total expenditures. Furthermore, monetary ... What is monetary policy? We call our work to influence interest rates and the amount of money in the economy monetary policy. Aug 27, 2019 ... Conversely, contractionary monetary policies (“tight money”) often lead to a temporary increase in short-term interest rates. But it is not ... The Board is committed to do what is necessary to ensure that inflation in Australia returns to the 2 to 3 per cent target range over time. It is seeking to do ... Contractionary monetary policy during 2009–2015 caused shadow banking loans to rise rapidly, offsetting the expected decline of traditional bank loans and ... Aug 17, 2020 ... ... policy instrument. When the spread is used as a policy instrument, I find that contractionary monetary policy has a significant negative ... Keywords: Monetary policy, collateral constraints, currency mismatches, carry trade, spillovers. Page 2. BIS Working Papers are written by members of the ...