Fiscal policy is central to development. It can support macroeconomic stability, foster growth, and help reduce poverty. Taxes fund essential services, while public spending builds human capital and ...

Governments use spending and taxing powers to promote stable and sustainable growth Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use ...

High inflation can impose serious and lasting costs on the economy and people. But the distributive effects of inflation—the way it transfers money from some individuals to others—are complex. To ...

BEIJING, Sept 12 (Reuters) - China's fiscal policy has ample room, the government's debt ratio remains "reasonable" and risks are controllable, finance minister Lan Foan said on Friday, pledging a ...

Fiscal policy in the second half of 2025 will be dominated by the fate of the "One Big Beautiful Bill" tax and spending bill being debated in Congress. The bill will make sweeping changes to the ...

U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling ...

The federal government routinely uses government spending and taxes to help offset the highs and lows of the U.S. business cycle. While government spending typically increases during a recession, the ...