Fed set to adopt ‘elements’ of price-level targeting

US dollar

The coronavirus-induced recession – dubbed “The Great Lockdown” by the International Monetary Fund – will dramatically change the debt profile of the global economy. Many governments, corporations and households are taking on vast amounts of debt to bridge the lockdown period, meaning the affordability of servicing this debt looks set to be a defining feature of any economic recovery.

While fiscal measures to temporarily replace lost incomes of firms and households have taken centre stage

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.