Monetary Policy: Lessons from the pandemic – slides by Swati Dhingra

The provided document discusses the impact of the COVID-19 pandemic on monetary policy and the lessons learned from it. The document highlights that the pandemic has accelerated the adoption of unconventional monetary policies, such as negative interest rates, quantitative easing, and forward guidance. Furthermore, it emphasizes the importance of communication and transparency in monetary policy decision-making, as well as the need for policymakers to be flexible and adaptable in response to unexpected events. Additionally, the document touches on the potential long-term effects of the pandemic on the global economy, including the possibility of a prolonged period of low inflation and interest rates. Overall, the document provides insights into the challenges and opportunities faced by monetary authorities during the pandemic and the lessons that can be applied to future economic crises.