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.

Example Sentences

Expectations of monetary tightening, along with concerns over Takaichi's fiscal policy, have helped drive a sharp rise in Japanese government bond yields in recent days.

From Barron's • May 19, 2026

Barclays does acknowledge that relatively loose fiscal policy in the U.S.,

From MarketWatch • May 6, 2026

That includes shrinking the Fed’s balance sheet to stay out of fiscal policy, and avoiding other political snares.

From The Wall Street Journal • Apr. 24, 2026

That included both central bank policy and fiscal policy - the government's decisions on taxation and spending - he said.

From BBC • Apr. 15, 2026

At the approach of power the fiscal policy of the Liberals had moderated, and it was to moderate still further under the mellowing and conservative influences of power itself.

From The Day of Sir Wilfrid Laurier A Chronicle of Our Own Time by Skelton, Oscar Douglas