ECONOMIC PERSPECTIVES

15:40 – 16:55 Parallel Session 5B on monetary an fiscal policy interactions Chair: Stéphane Moyen (Deutsche Bundesbank). “Monetary Policy and the Maturity Structure of

Jordi Galí, Luca Gambetti () Monetary Policy and Bubbles September 2013 3 / 17.. Interest Rates and Rational Bubbles: Theoretical Issues.. Key assumption in the case for leaning

The Technical Reporting Committee on Income Settlements (TRC) has estimated overall annual wage growth at 5.4% in 2007. This is approximately in line with the projections

tainty surrounding the uK’s exit from the Eu is also likely to curb growth. Further ahead, lower growth in the labour force and monetary and fiscal tightening are likely to push

Since September 2018, the policy rate has been raised gradually. The monetary stance has become less expansionary. Inflation is close to the inflation target, and capacity

the policy rate has been raised from 0.75% to 1%. in the forecast, the policy rate increases further in the course of the next half-year, reaching 1.75% at the end of 2022. the

Three-month money market rates for Norway’s trading partners.. Policy rates in selected

Over the past year, the policy rate has been raised, and the monetary stance has become gradually less expansionary. Overall, the outlook and balance of risks suggest a