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

Steepening would be sparked by falling yields on shorter-dated bonds and as longer-dated yields remain at risk of rising due to expansive U.S. fiscal policy and subsequent large-volume Treasury issuance, he said.

From The Wall Street Journal ● Jul. 7, 2026

Knightley adds that the European venue means Warsh will inevitably be asked about what fiscal policy has done to contribute to inflation pressures.

From Barron's ● Jul. 1, 2026

However, some analysts expect U.K. assets could come under renewed pressure due to uncertainty over future fiscal policy.

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

El Salvador   With the adoption of the US dollar as its currency, El   Salvador has lost control over monetary policy and must concentrate   on maintaining a disciplined fiscal policy.

From The 2004 CIA World Factbook by United States. Central Intelligence Agency