How long to keep the taps open will be a key theme at this week’s International Monetary Fund meetings -- and the biggest challenge for politicians in charge of national budgets, once they emerge from crisis-fighting mode.
A rare regime-change in economic policy is under way that’s edging central bankers out of the pivotal role they have played for decades.
Fiscal policy, which fell out of fashion as an engine of economic growth during the inflationary 1970s, has been front-and-centre in the fight against Covid-19.
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