The monetary and fiscal reaction to Covid-19 | Virtual Masterclass
- 33 mins 52 secs
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Governments and central banks have moved with extraordinary speed and firepower to combat the economic effects of Covid-19 but where has the money come from? is it a future sheet anchor that will drag down growth? Might it fuel an outbreak of inflation? This expert panel tackles the big questions and comes up with some surprising answers:
- Steven Bell, Chief Economist, BMO Global Asset Management
- Shamik Dhar, Chief Economist, BNY Mellon Investment Management
- Eric Lonergan, Fund Manager, M&G Episode Growth & Episode Macro Funds, M&G Investments
Learning outcomes:
- How COVID-19 is impacting on global economic growth in the first half of 2020
- Whether monetary and fiscal stimulus is likely to create inflationary problems in future
- How well the transmission mechanism for getting money from government to corporates and individuals is working in the UK