Sentences with phrase «fiscal policy needs»

And for earnings to drop substantially for the majority of companies, either monetary policy or fiscal policy needs to change.

If, as I suggested in my previous post, monetary policy is proving ineffective and if fiscal policy needs to be a big part of the solution, then we must consider what for many has become the unthinkable.

Both premiers last year implemented a harmonized sales tax (HST), exactly the sort of fiscal policy needed in this country.

Not exact matches

«Fiscal policy is not obviously needed to provide stimulus to get back to full employment.»

U.S. President Donald Trump needs to be clearer about his fiscal policies so one can better understand what may happen to the U.S. dollar, a currencies strategist told CNBC on Wednesday.

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.

«If it's described as an attack on the economy, it suggests that there's not a discussion about what might need to change in terms of monetary and fiscal policy,» he said.

But short - term fixes won't cure what's ailing the U.S. CEOs need a sense of where fiscal policy is going, and not just this quarter.

It is the rare combination of a simultaneous impact of hugely restrictive fiscal policies, gravely damaged channels of financial intermediation and crippling trade imbalances in especially depressed segments of the world economy - the euro area - where there is an obvious need for a strong stimulation of domestic demand in countries of that region whose trade surpluses range from 2 percent to nearly 9 percent of gross domestic product (GDP).

They also need to ask themselves hard questions about their government's fiscal policy, including why their country continues to spend so much money on defence.

Second, we need viable exit strategies from this recent period of monetary and fiscal policy stimulus.

In stressing the need to study and consider new approaches to fiscal and monetary policy, I am not advocating an abrupt reversal of course; after all, you don't change horses in the middle of a stream.

In Asia and other parts of the emerging world, however, ample policy ammunition is available, both fiscal and monetary, should the authorities have a need to use it.

To overcome these limits, the policy mix needs to shift toward fiscal policy.

It notes the need for fiscal consolidation but also the limitations faced by monetary policy in generating growth in demand when households already carry considerable debt.

In addition, and this may complicate the fiscal discussion, we can't just assume that monetary policy can simply dial up the growth we need.

We need new monetary policy tools precisely because the fiscal authorities can't get their act together, and because existing monetary measures have limited effect.

From pipelines and rail regulations to fiscal and monetary policy, Canada needs to undertake a fundamental rethink of its economic future.

«What the economy really needs is an improvement in business confidence that could probably come more from better fiscal policy than monetary policy.»

The federal government needs to start using its fiscal flexibility to refocus its policy priorities to help narrow the federal - provincial «fiscal divide».

The three main areas where my direct advice went unheeded were the following: (1) the need for large - scale financial assistance [29] for Russia, which I deemed (and still deem) to have been essential to molding a political consensus around reforms, and to bolstering the financial situation enough to achieve a modicum of success in the fight against hyperinflation; (2) the need for strong monetary and fiscal policy to achieve a rapid end to inflation [30]; and (3) the urgency of establishing a social safety net [31], especially in health care and pensions, to ensure an adequate social and political base for societal transformation and democratization.

«Among the characteristics needed to join the elite group are stable macroeconomic policies,» says Kate Phylaktis, director of the Emerging Markets Group at Cass Business School, City University of London, adding «prudent fiscal policy, low inflation and a stable currency, political stability, good - quality institutions, good infrastructure (especially transport) and above all, education.»

While I'm not persuaded by the argument that Canada needs countercyclical Keynesian deficit spending (I think we're already out of recession), I do know what fiscal policy I would consider worse: arbitrarily cutting spending in a weak economy to balance the budget in light of a revenue shortfall stemming from lower than expected nominal GDP.

That prevented the government from administering needed fiscal stimulus and shifted the burden onto the shoulders of ECB's monetary policy.

He breaks down the role of monetary and fiscal policy in generating growth, and what investors need to think about when such policies aren't delivering it.

Fiscal policy, meanwhile, was not considered to have a primary role in managing demand, because it was slow acting and might push interest rates up and because monetary policy could do what was needed.

Over the past decade, EURO leaders were incapable of agreeing on the political institutions that would ensure fiscal discipline, as well as the structural policies needed to make their economies competitive.

As a result, fiscal policy became contractionary just when it needed to be expansionary.

On fiscal policy, little needs to be said other than that Australia has a very low underlying budget deficit by world standards and is expecting a surplus next financial year.

The recent federal election featured something of a debate on fiscal policy, with the Liberals promising to run modest deficits for three years in order to stimulate a sagging economy and finance needed long - term investments in infrastructure and social programs.

Fed's Williams says considering raising or replacing 2 % inflation target; reiterates need for fiscal policies; says central banks should target nominal GDP not inflation (More dovish than he has been as he discusses removing the 2 % inflation target, suggesting the Fed is content with overshooting this target to drive growth)

Fiscal stimulus and structural reforms need to take over from monetary policy to foster growth, we believe.

Monetary and fiscal policy settings are highly expansionary; profits have picked up over the past six months; business inventories are at low levels, suggesting that production will need to accelerate to keep pace with demand; and surveys suggest that business confidence is rising.

This will also present a major communication challenge for the government Lastly, in preparing the 2017 budget proposed new policy actions should be carefully reviewed in terms of their absolute need, their priority and their impact on fiscal sustainability.

Finally, we believe that adding fiscal stimulus this late in the business cycle warrants concern, because any sign of weakening growth likely will need to be addressed through more aggressive monetary policy in the future, at least in the short term.

But we also need to advocate coherent fiscal policies at the provincial level.

By merging their tax policies, the Liberal Democrats and the Conservatives have come up with a fiscal package which needs to be treated with extreme caution.

In part because human capital in these high quality sectors is deep and specific, so needs to be used to the full in exporting; in part because there are typically strong positive externalities to training and innovation systems from increased exports; in part because a tight fiscal policy constrains wage demands in the public sector from undermining restraint of export sector unions: these countries, as well as Japan and China for similar reasons, want no constraints on their exports through macroeconomic regulatory rules pressuring them to expand consumer demand.

«Today, the Party has become a voice for higher taxes and job - killing policies that will bloat the public workforce and increase the role of government regardless of the consequences, at a time when we need fiscal constraint,» Hills continued.

Bill Hammond, a health policy analyst with the fiscal watchdog group the Empire Center, agreed that the tax would likely be passed on to patients who need the drugs, including terminally ill people and patients with chronic conditions, as well as addicts who are sometimes prescribed medicines that contain a form of opioid.

We need genuine and well packaged complimentary fiscal policies to resuscitate production and engineer consumption.

For a more comprehensive look at the state's revenue and budget challenges, see the Fiscal Policy Institute's 2018 - 2019 budget briefing book, which includes a discussion of many other progressive pro-revenue tax proposals which would generate billions of dollars that New York needs to remain competitive in the future.

Staff at Edward R. Murrow HS in Midwood, owed $ 10 million in Campaign for Fiscal Equity funds from the state, put together a multilanguage video telling the governor what the school needs and have sent photos with the same message to the governor and sent postcards to legislators urging them to stand against Cuomo's policies.

He said the fiscal consolidation policy, which is a move to find lasting solutions to the current challenges, needs concerted efforts from all development partners, adding that it is therefore not out of...

It even quotes Ed Balls from 1998: «Left - of - centre governments need to favour tough fiscal policy because from time to time, if economic crises occur, you may have to relax that.»

He needs a much stronger foreign policy but in recognising the importance of social reform (the biggest idea on the centre right), the environment, being vindicated on fiscal responsibility and as a stalwart defender of free trade he is, indeed, well - placed to become a leader of global conservatism.

The Fiscal Policy Institute points to safety benefits by having undocumented immigrants get a license, because they would need to take state tests and learn the rules of the road.

«Agree UK should run budget surpluses in good times but also fiscal policy must be used as effective counter cyclical fiscal tool when needed,» he added this morning.

«The issues of this election have always centered on the economy — on the need for fiscal restraint, smaller government, and policies that encourage jobs.

Bill Hammond, a health policy analyst with the fiscal watchdog group the Empire Center agrees that the tax would likely be passed on to patients who need the drugs, including terminally ill people and patients with chronic conditions, as well as addicts who are sometimes prescribed medicines that contain a form of an opioid.