Sentences with phrase «excessively tight fiscal policies»

Excessively tight fiscal policies in the U.S. and in the euro area are depressing economic growth and employment in nearly two - thirds of the industrialized world.

Not exact matches

Former Fed chairman Ben Bernanke, in a speech to the American Economic Association in January, said that «excessively tight near - term fiscal policies have likely been counterproductive» by weakening the recovery, especially when monetary policy has less room to maneuver.

Although long - term fiscal sustainability is a critical objective, excessively tight near - term fiscal policies have likely been counterproductive.

The economy is poised for a bumpy ride in 2020, and if enough policy mistakes pile up — overly restrictive fiscal policy and excessively tight monetary policy — this could certainly create sufficient downdrafts to create a recession, or at the very least, a growth recession.