As for possible monetary policy responses, most major countries would be quickly into the realm of «quantitative methods», if they are not there already. (rba.gov.au)
This is not meant to be, hence last week's monetary policy response of lowering interest rates. (profitconfidential.com)
They also inhibited the required rebalancing of global demand after the crisis, increasing the need for aggressive monetary policy responses by the United States and other advanced economies. (bankofcanada.ca)