Report
Should the usual economic policy principles be called into question?
The economic policy principles that seemed to be accepted are now being called into question, in particular: Demand should not be stimulated in the vicinity of full employment, on the contrary, there should be a switch to less expansionary economic policies when moving closer to full employment; There is a limit to the public debt ratio that must not be exceeded; The central bank should not let the size of its balance sheet grow indefinitely. The key question currently is whether the economic environment changed in a way that makes it possible to forget these economic policy principles; or would it be better to continue to apply them?
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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