What are the fundamental principles of sound monetary policy that will continue to be relevant in the years to come?

Jan 23, 2014 ... Central Bank of Solomon Islands maintains tight monetary policy in face of excess liquidity; IMF welcomes stance but tells authorities to ... "The Monetary Policy Debate Since October 1979: Lessons for Theory and Practice." Federal Reserve Bank of St. Louis Review 87, no. 2, part 2 (March/April ... Mar 4, 2025 ... Contractionary fiscal policies are measures governments take to reduce their spending and increase taxes, leading to a decrease in economic ... Mar 11, 2024 ... ... monetary policy work their way through the economy. Risks to ... contractionary fiscal stance in the euro area in 2025. This would be ... Jul 2, 2020 ... A direct benefit of contractionary monetary policy is that it strengthens government budgets. For example, when the Fed's discount rate ... Jan 19, 2023 ... Using a VAR model, Amarasekara (Citation2008) finds that contractionary monetary policy shock decreases output and inflation while causing the ... The goal of contractionary monetary policy is to decrease the rate of demand for goods and services, not to stop it. Nov 23, 2022 ... "Some households are already bumping up against financial constraints and that's where the banks and fiscal policy need to show concern," Orr ... Monetary policy is often referred to as being either expansionary (stimulating economic activity and consequently employment and inflation) or contractionary ( ... Contractionary monetary policy decreases the supply of money while expansionary monetary policy increases the supply of money in an economy. When GDP is high ...