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 ...

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 ...

The idea of a “neutral” or “natural” rate of interest looms over discussions of US monetary policy. Whether it’s any help in ...

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 ...

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

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 ...

For 40 years, investors lived by a simple rule: Don’t Fight the Fed. If you could anticipate the interest-rate cycle, you held the key to the business cycle. Tightening meant slowdown, easing meant ...

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 ...