Rising government debt and borrowing costs are bringing the issue of fiscal dominance back into focus, with concerns that central banks could eventually face pressure to support government financing. The debate could have implications for monetary policy, inflation, currencies and sovereign bond markets.
Rising government debt and borrowing costs are bringing the issue of fiscal dominance back into focus, with concerns that central banks could eventually face pressure to support government financing. The debate could have implications for monetary policy, inflation, currencies and sovereign bond markets.
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