First, as expansionary monetary policy can boost the economy as a whole, investments more sensitive to the business cycle will usually benefit and vice versa with contractionary policy.

Is this, as alleged, because of excessive reliance on raising the interest rate as a policy response? More likely it is because of contractionary effects of devaluation. There are various possible ...

given all of the above, more likely the expansionary fiscal policy will end up being contractionary in terms ... could potentially be expanded to the monetary side—hopefully the increase in ...