Easy Monetary Policy

Cure or Curse?

22 Jun 2021 at 12:00pm

Frankfurt am Main, Germany

eabh in cooperation with Allianz Global Investors

Harold James (Princeton University) and Eric Barthalon (Head of Research Allianz SE) will take a long-term perspective on easy monetary policies and their implications.

Post Great Financial Crisis, major central banks have cut rates to, or below zero and have provided unprecedented amounts of liquidity to the system ever since. After first steps to normalise monetary policy, we have seen a renewed round of monetary easing in 2019.  Further, Covid restrictions and lockdowns in 2020 and 2021 brought back discussions about helicopter money and direct credit to the banking sector. Can looking back at historical precedents help to better understand where we are headed?