In the book, he and co-author Anna Schwartz championed monetarism and argued that the disastrous Great Depression of the 1930s came about as a result of poorly conjured monetary policy by the ...
AT A GLANCE: • Tight monetary policy aims to slow down an overheated economy by increasing interest rates. Conversely, loose monetary policy aims to stimulate an economy by lowering interest ...
CFR’s Global Monetary Policy Tracker compiles data from 54 countries around the world to highlight significant global trends in monetary policy. Who is tightening policy? Who is loosening policy?
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