The standard Keynesian line is that the government can shorten recessions by using fiscal and monetary “stimulus.” However, ...
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Since the onset of the COVID-19 pandemic, Americans have received an unprecedented amount of financial relief from the ...
However, current urgency precedes such a debate and justifies a bold fiscal stimulus. Besides, Korea’s national debt to GDP stands at 47.4 percent as of 2024, which is much lower than other ...
Emerging market stocks have fallen 10% since October amid fears of a new trade war, but markets are still not fully pricing ...
To support the economy, authorities might introduce more fiscal stimulus measures, including potentially setting aside 1 trillion yuan ($137 billion) to boost social welfare spending and give cash ...
China's slowing economy is still waiting for the promised government support to kick in. Senior economic and finance ...
As such, fiscal policy must be part of the solution ... Washington dramatically increased spending through stimulus checks, enhanced unemployment benefits and other means. Spending rose by ...
Over in Asia, the People’s Bank of China is enlisting more tools to defend the yuan as disappointing fiscal stimulus so far in the face of anemic growth and US tariff threats weaken the currency.
Such a package would need to include substantial and well-targeted monetary and fiscal stimulus, complemented by reforms and other measures to revive private sector confidence.” ...