moderate fiscal and monetary policy
moderate fiscal and monetary policy
适度的财政和货币政策
以上为机器翻译结果，长、整句建议使用 人工翻译 。
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Once countries can no longer use monetary policy to moderate national highs and lows in economic activity, fiscal policy will need to assume a greater, nationally differentiated, counter-cyclical role.
ECONOMIST: Europe��s new economics