This will only reinforce the need for expansionary monetary and fiscal policy (see article) to boost demand;

这样只会加强对扩张型货币和财政政策（见文章）的要求以便扩大市场需求；

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Expansionary monetary policy in developed nations like U.S. and Japan has held interest rates at or close to zero.

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To restart the economy, Thatcher instituted a fierce attack on the British deficit, coupled with an expansionary monetary policy.

FORBES: The Confidence Question

The White House expects that expansionary monetary policy--which the Fed has followed for months now--will ease the burden on credit markets.

FORBES: Magazine Article