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

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

“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

“Instead, market focus is expected to shift toward fiscal policy in the coming months,” they add.

From The Wall Street Journal ● Jun. 17, 2026

A related consideration is how monetary policy should interact with fiscal policy in an era of a structurally large federal deficit.

From Barron's ● Jun. 12, 2026

In England we are told it is our fiscal policy, known as Free Trade, while others say it is our monetary system.

From From Crow-Scaring to Westminster; an Autobiography by George Edwards M.P. O.B.E.