fiscal policy

Cultural  

1. The policy of a government in controlling its own expenditures and taxation, which together make up the budget.

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A function of fiscal policy, along with monetary policy, is to regulate the level of economic activity, the price level, and the balance of payments. Fiscal policy also determines the distribution of resources between the public sector and the private sector and influences the distribution of wealth.

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fiscal policy

Citi economists think fiscal policy deployment has emerged as the critical variable and is poised to accelerate.

From The Wall Street Journal ● Jun. 30, 2026

Greenspan, while officially in charge of monetary policy, actually played a key role in shaping fiscal policy.

From Barron's ● Jun. 26, 2026

The calm won’t last if there is a tack toward a more expansive fiscal policy under the next leader, Gregory said.

From The Wall Street Journal ● Jun. 22, 2026

“For the economy and markets, a hawked-up Fed puts me in a more defensive mood. Monetary policy is tightening and fiscal policy is poised to tighten at the turn of the year,” Dutta said.

From MarketWatch ● Jun. 17, 2026

Despite these strong economic gains in 2002-04, which were largely due to renewed investor interest in emerging markets, IMF backing, and tighter fiscal policy, the economy is still plagued with high debt and deficits.

From The 2005 CIA World Factbook by United States. Central Intelligence Agency