Weidmann: Virus to Hit German Growth But No Need for ECB Action

Weidmann: Virus to Hit German Growth But No Need for ECB Action

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the potential economic recovery from the coronavirus, focusing on whether it will be V-shaped. It explores the role of monetary policy in addressing supply and demand shocks, and the effectiveness of interest rate cuts. The conversation also highlights supply chain challenges and the need for fiscal policy instruments to address these issues.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What tools does the speaker mention that could be used to address a supply side shock?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the role of fiscal policymakers in relation to central bankers?

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