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

That growth, he said, reflects “tailwinds from fiscal policy, favorable financial conditions, and investment in AI.”

From Barron's

That growth, he said, reflects “tailwinds from fiscal policy, favorable financial conditions, and investment in AI.”

From Barron's

The survey explored both how the participants perceived the nature and severity of the risk regarding Social Security, Medicare and fiscal policy, and how they might act to hedge the risk.

From MarketWatch

The investment bank’s macro team sees tightening fiscal policy and a global energy shock as threats to economic growth.

From The Wall Street Journal

Japan faces a complex triple threat of rising crude prices, a widening trade deficit, and a shift in fiscal policy.

From The Wall Street Journal