Lessons from Past Monetary Easing Cycles

François de Soyres and Zina Saijid

No 2024-05-31-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Many central banks are at a critical juncture in their current monetary policy cycles as they assess whether it would be appropriate to embark on an easing phase following one of the most aggressive episodes of monetary tightening in recent history. In this note, we highlight key aspects of past monetary policy easing episodes in selected advanced economies and what lessons we may learn from these past experiences.

Date: 2024-05-31
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2024-05-31-1

DOI: 10.17016/2380-7172.3504

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