
Concern about sluggish growth and poor productivity is now high on the political agenda across the developed world. Yet the debates around the UK Budget and the US presidential election have failed to touch on one of the most important factors behind this trend, namely a monetary policy over-focused on near-term inflation targets and too little concerned with developments in credit and debt markets.
对于发达国家而言,对manbetx20客户端下载 增长疲软和生产率低下的担忧如今已经成为政治议程上的重要议题。然而,围绕英国预算(UK Budget)和美国总统选举的讨论未能触及这一趋势背后最重要的因素之一,即货币政策过于关注短期通胀目标,而对信贷和债务市场的发展关注不足。
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