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Interactions between monetary and macroprudential policy

The financial crisis has led to the adoption of macroprudential policies – also in Belgium - which do interact with monetary policy. This article deals with the interactions and possible conflicts between these two policy domains. We illustrate this by an assessment of the current situation. Although beneficial for macroeconomic and hence financial stability, the impact on financial risk taking of the unprecedented monetary easing requires close monitoring.

www.nbb.be/en/articles/interactions-between-mon...

Deflation in Japan, Abenomics and lessons for the euro area

www.nbb.be/en/articles/deflation-japan-abenomic...