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

But if the war ends and the supply chain is healed, Japan could benefit from the same dynamic that the U.S. had where inflation came down without forcing a contest between monetary and fiscal policy.

From The Wall Street Journal • May 28, 2026

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

From MarketWatch • May 6, 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

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

From Barron's • Mar. 31, 2026

Finance was in a deplorable state, and as controller-general he formulated a new fiscal policy, consisting of neither fresh taxation nor loans, but of retrenchment.

From Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 7 "Fox, George" to "France" by Various