The Federal Reserve Board's move on Wednesday, Sept. 17, to lower the federal funds interest rate by one-quarter of a point signals that it is a good time to discuss a major misconception that most ...

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 ...

Last year, the U.S. economy grew at a faster rate than any other large, advanced economy. It looks like it will do so again this year. Crediting fiscal stimulus for the current economy misses two ...

Understanding the role of fiscal policy in financial markets is one of the most important steps in learning how the economy really works.

The U.S. Economy is in transition after 8 years of Fed monetary policy used to boost asset prices and liquefy the system. The new policy set to be implemented is fiscal, as opposed to monetary or ...

Jim Caron, Chief Investment Officer of Cross-Asset Solutions at Morgan Stanley Investment Management, Sandip Bhagat, Chief Investment Officer of Whittier Trust, and Brian Joyce, Managing Director on ...

Union Budget 2026: Fiscal policy refers to the government’s strategy for raising revenue and deciding how that money will be spent in order to maintain a healthy economy. When the government collects ...

This conference, jointly organized by the European Central Bank and the International Monetary Fund, provides a high-level forum for examining fiscal policy and EU fiscal governance challenges. The ...