They were able to lead to this result that some have called a divine coincidence, in this case that obtaining stable prices would ipso facto guarantee a reduction in the gap to the potential product (output

The causes of the current financial crisis are multiple and it is important to ask whether they are above all microeconomic or macroeconomic. This distinction is indeed crucial
The financial and economic crisis that began in 2007 inevitably leads to questioning the relevance of the macroeconomic theories that formed the basis of the policies.Following New Classical School analysis, monetary policy is dedicated to ensuring macroeconomic stability which can be equated with keeping the economy on its growth path.

They were able to lead to this result that some have called a divine coincidence, in this case that obtaining stable prices would ipso facto guarantee a reduction in the gap to the potential product .

The inflation target seemed to guarantee stability and growth. However, a global crisis of great magnitude has arisen. The indicators used to judge the performance of the economy were not