Instead, they propose that central banks remain focused on maintaining price stability and respond to asset prices only to the extent that they provide information about current and future macroeconomic conditions. Overall, central bankers may draw some lessons from both camps: First, asset prices should not normally be granted a special role in monetary policy-making.
This new verse form – which creates an impression of fast, breathless movement, while offering the permanence of an unchangeable structure – was to be an instant success: Boccaccio and Petrarch adopted it immediately. Dante himself borrowed it from another language, Provençal: the “sirventès”, a lyric form which goes back to the troubadours used the “terza rima” or triplet rhyme.