Monetary and financial stability in Norway: what can we learn from macroeconomic stress tests?

Over the past few years, the discussion among academics and central bankers about the relationship between monetary and financial stability has intensified. The discussion has particularly focused on whether inflation targeting is consistent with financial stability, and if an inflation targeting regime contributes to financial stability. Furthermore, is there a conflict between monetary and financial stability, and if so, in what situations do such conflicts typically occur?