When it comes to influencing macroeconomic outcomes, governments have typically relied on one of two primary courses of action: fiscal policy or monetary policy. Monetary policy involves the ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Since the Global Financial Crisis, fiscal policy in advanced economies has become more “active” – that is, increasingly ...

It is no secret that we have been fighting inflation that reached a 40-year high and the Federal Reserve Bank has embarked on a historic interest rate increase to combat inflation. Not only have they ...

This article discusses the big divergence between U.S. fiscal policy and U.S. monetary policy over the past year, and how that impacts various parts of the economy differently. It also takes a look at ...

Monetary policy is typically implemented by a central bank, while fiscal policy decisions are set by the national government. However, both monetary and fiscal policy may be used to influence the ...

Discover how response lag impacts economic policy effectiveness, detailing delays from policy implementation to tangible economic outcomes in fiscal and monetary strategies.

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 ...

The conference, jointly organized by the European Central Bank, the International Monetary Fund, and the IMF Economic Review, focused on new global challenges for international fiscal and monetary ...

While the Fed is not totally independent — Congress rightly sets its goals and approves its top personnel — fiscal policymakers should not pressure monetary policymakers to make borrowing easier. But ...

You’ve probably heard mentions of fiscal policy. It’s often a hot topic in Washington, but the term is a broad one that can mean a number of different things. In general, it refers to the federal ...

Mark Crosby does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...