Policymakers across various domains can achieve better outcomes if they co-operate with one another and co-ordinate their policies for maximum effect, Don Kohn told a gathering of supervisors in Basel on September 19.

Kohn, an external member of the Bank of England’s (BoE) financial policy committee, said it was helpful to have several tools – such as monetary and macro-prudential policy – to address different policy goals. But there needs to be a close working relationship between the