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Friday, February 24, 2023

Fundamental: Private debt, monetary policy tightening and aggregate demand

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Alert Alert Feb 25, 2023, 2:55am
 
Fundamental: Private debt, monetary policy tightening and aggregate demand
As the global economy slows, inflation is subsiding on the back of tighter monetary policy. Amid historically high private debt levels in many jurisdictions, should central banks expect that the effect of interest rate hikes on aggregate demand will be amplified, so that they get more bang for the buck? And how will the characteristics and the composition ...
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