Normalisation: you wouldn’t start from here, Energy transition must accelerate, and more
THE WEEKEND REVIEW- OMFIF
21-25 September 2020, Vol.11 Ed.37
Most-Read Commentary
Normalisation – you wouldn’t start from here: As the world enters a second wave of Covid-19, central banks are reviewing their crisis toolboxes and exploring ways to support the economy. Earlier this month, OMFIF held two meetings on the role of the ECB and the political implications of the European recovery fund. Participants agreed on the need for expansionary monetary policy. However, some spoke of the importance of moving towards normalisation. Policy-makers will need to carefully consider how to move on from the crisis, writes Ellie Groves.
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