Essentially, the Fed is putting the brakes on the economy and fiscal policy set by the government is pushing on the accelerator. In retrospect, that stimulus has caused our GDP to grow by a robust ...

This Economic Letter summarizes the papers presented at a conference on “Fiscal and Monetary Policy” held at the Federal Reserve Bank of San Francisco on March 4 and 5, 2005. The papers are listed at ...

Budgeting – the way governments tax and spend – falls within the domain of fiscal policy. In contrast, the management of credit and interest rates falls into the domain of monetary policy.

Since the Global Financial Crisis, fiscal policy in advanced economies has become more “active” – that is, increasingly unresponsive to rising debt levels. This paper explores tensions between active ...

From 2008 through 2019, both fiscal policy and monetary policy greatly affected markets and the economy. From 2020 to the present, fiscal policy has been the more dominant side of the equation.

It’s not easy to conduct monetary policy when fiscal policy is perpetually reckless. The U.S. national debt is more than $30 trillion, which is about the value of all newly produced goods and ...

Fiscal policy has a much more profound and immediate impact on the stock market. The fiscal fund flows and spending has been, on balance, solid since October 2022 and July 2023.

We must recognize that the road ahead may have many unforeseen turns, which calls for further strengthening financial and fiscal resilience and navigating with monetary policy clarity, credibility, ...

Under normal circumstances, the governor of the Bank of Canada and the prime minister meet formally on occasion, a careful ...

Jonathan E. Leightner, How US Fiscal and Monetary Policy affect the GDP of Countries with Fixed and Flexible Exchange Rates, Journal of Economic Integration, Vol. 39, No. 1 (March 2024), pp. 86-106 ...

While Bangladesh recovered strongly from the COVID-19 pandemic, post-pandemic recovery was hindered by rising inflation, a persistent balance of payments deficit, financial sector vulnerabilities, and ...

MANILA, PHilippines – Whenever the seven-member Monetary Board (MB) meets, one seat is saved for the only woman member of the highest policymaking body of the Bangko Sentral ng Pilipinas (BSP ...