Monetary policy through COVID-19: Pushing on a string – the case of Latin America and the Caribbean

During the COVID crisis, however, central banks in many emerging economies reduced policy interest rates to close to an effective lower-bound (see Figure 1). They also provided substantial liquidity, especially to banks and to governments (Aguilar and Cantú ...

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During the COVID crisis, however, central banks in many emerging economies reduced policy interest rates to close to an effective lower-bound (see Figure 1). They also provided substantial liquidity, especially to banks and to governments (Aguilar and Cantú ... https://ift.tt/eA8V8J

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