Avec l’accélération du rythme d’activité et la réduction des excès de capacité au niveau mondial et en Zone Euro, la question de la normalisation de la politique monétaire devient plus prégnante. En raison du déploiement des politiques non conventionnelles ces dernières années, celles-ci vont revêtir des aspects inédits avec notamment la question de la réduction du bilan des banques centrales (« Quantitative Tightening », QT par la suite)...
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