The IMF will host the third Conference in the “Rethinking Macro Policy” ‘franchise’ (soon they´ll catch up with “Fast & Furious”!)
Not having been very successful in sorting the problems with macro policy during the last few years in RMP I & II, they now assume that the world has mended:
The focus of our conference will be instead on the architecture of policy when (hopefully) policy rates have become positive again, and most countries are growing and have stabilized debt-to-GDP ratios.
In other words, how will/should macro policy look once the crisis is finally over?
Economists are fast getting into the fiction business!