Fiscal policy is taking over where monetary policy left off.
Watch the video commentary to “Monetary Policy Stimulus vs. Fiscal Policy Stimulus”
In this live stream, we discuss the differences between monetary and fiscal policies. While the Federal Reserve has ended its quantitative Easing programs and raised interest rates from 0% to 1.75%, fiscal policy in the form of tax cuts has picked up the stimulus banner.
Will the continue raising of interest rate eventually offset fiscal stimulus and send the economy into a recession?
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