The impact of fiscal policy on monetary policy: A conversation with Fed Governor Lael Brainard

From Brookings Topics - Fiscal Policy
January 10, 2017 - 3:08pm

The tax and spending decisions made by Congress and the incoming president over the next year will affect the outlook for the U.S. economy and, thus, the pace at which the Federal Reserve raises short-term interest rates from still-low levels. Many participants in financial markets anticipate expansionary policies that will raise U.S. interest rates relative […]        



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