Degree of monetary policy looseness across the EA set to fall

Fathom Consulting // Insights // Degree of monetary policy looseness across the EA set to fall

Fathom’s Macroeconomic Policy Indicator (FMPI) weights together both fiscal and monetary policy to give an overall measure of the degree of macroeconomic stimulus in any given country. Across the euro area economies, the degree of policy looseness is the greatest it has been since our series began in 1999, potentially explaining why the common currency area has been enjoying such a strong cyclical upturn recently…

Degree of monetary policy looseness across the EA set to fall