To control inflation, fiscal policy must work in tandem with monetary policy and reassure people that instead of inflating away debt, the government would raise taxes or cut expenditures.

while inflation is high. This condition is very rare. While the Fed controls monetary policy, the legislative branch (Congress) and executive branch (led by the President) control fiscal policy ...

In this paper, we use quarterly data and a novel database on fiscal policy consolidation announcements, for a sample of advanced economies and emerging markets to quantify the effects of fiscal ...

This paper argues case that a tighter fiscal policy stance can meaningfully support central banks in fighting inflation in both advanced and emerging market economies. While the standard textbook ...

Inflation control vs growth While the government ... Amid these challenges, one key question remains: will fiscal and monetary policy finally find common ground, or will diverging pressures ...

President Donald Trump’s aggressive trade policies are already casting a long shadow over emerging market (EM) economies, ...

Kashkari said US trade and fiscal policy will determine where that number goes. “At the Fed, our job is to keep inflation under control so that rate isn’t even higher,” he said Sunday on CBS ...

TEMPO.CO, Jakarta - President Prabowo Subianto expressed his appreciation for former President Joko Widodo during the Plenary ...

With the pandemic, debt had to increase when needed and that caused higher inflation,” he said. The president of the BCR highlighted that Peru's fiscal policy was quite positive, since a deficit ...