Monetary policy has the power to make recessions more severe and long-lasting if it is not timed well.

Name: Monetary policy has the power to make recessions more severe and long-lasting if it is not timed well.
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Monetary policy, if not implemented with precise timing, can exacerbate economic downturns by either tightening too much and stifling growth or by being too lax and leading to inflationary pressures, both of which can prolong and deepen recessions.

Monetary Policy Has the Power to Make Recessions More Severe