Expansionary fiscal policy is commonly used during a recession as a government tool to stimulate economic activity.

Ultimately, fiscal policy serves as a critical mechanism for governments to steer economic activity, promote growth, and ...

Monetary policies can be either contractionary or expansionary. Implementing one type of policy depends on the current economic climate and the ultimate goals. Monetary policy seeks to spark ...

The combination of a contractionary fiscal policy and expansionary monetary policy delivers better outcomes when applied at reasonably strong levels of demand, a situation that exists at present. The ...

The IMF’s World Economic Outlook update highlights a global economy moving on divergent paths. While the U.S. remains ...

The IMF working paper explores how financially constrained firms are more attentive to economic conditions and react ...

now a Harvard professor openly questioned whether slavish adherence to a 2% ceiling was prudent and whether much more expansionary monetary policies were in order. In 2020, the Fed announced it ...