Friday , December 4 2020
Home / Economistmeg / Don’t Hold Your Breath for Fiscal Stimulus

Don’t Hold Your Breath for Fiscal Stimulus

Summary:
From the Federal Reserve’s Jackson Hole Conference to the IMF/World Bank Annual Meetings, the policy takeaway of this year is that coordinated monetary easing is not going to be enough when the next recession comes. Fiscal stimulus will be necessary to maintain global growth. The economics are sound, but the politics are problematic. Here’s my latest in the Financial Times on why I wouldn’t hold my breath for fiscal stimulus. Share this

Topics:
Megan Greene considers the following as important:

This could be interesting, too:

M. G. writes IIF Annual Meetings: US Economic Outlook

M. G. writes Realities bite in the US

M. G. writes The Shock of Coronavirus: Hard Truths

M. G. writes EM and developing economies face tough slog

From the Federal Reserve’s Jackson Hole Conference to the IMF/World Bank Annual Meetings, the policy takeaway of this year is that coordinated monetary easing is not going to be enough when the next recession comes. Fiscal stimulus will be necessary to maintain global growth. The economics are sound, but the politics are problematic. Here’s my latest in the Financial Times on why I wouldn’t hold my breath for fiscal stimulus.

Megan Greene
Megan Greene is the Chief Economist at Maverick Intelligence, with a particular focus on Europe. She is also a senior fellow at the Atlantic Council, a columnist with Bloomberg and a senior research fellow at Trinity College Dublin. The opinions expressed here are her own and do not reflect those of any employers. Ms Greene offers a strictly independent voice without a political or investment agenda.

Leave a Reply

Your email address will not be published. Required fields are marked *