A Política do Novo Consenso Macroeconômico: Fundamentos e Revisão Pós Crise Financeira de 2007-2008

Abstract

This paper aims to recover the fundamentals and portray the review of US monetary policy after the international financial crisis of 2007-2008, as this crisis showed that important postulates of the new macroeconomic consensus were put in check. Through a historical section, the present work seeks to discuss to what extent the mainstream revises this consensus and which are the reflections and alternatives discussed on the stabilization policy in the current context. It was verified that revisions and critics that were pointed out did not shake the theoretical structure of this consensus and that the use of unconventional policy instruments was justified by the harmful impact on the economy. The essence of its hypotheses remains, insofar as the inflation targeting regime continues to be the benchmark for conducting American monetary policy and a guiding base for other policies.