You are here

Fed's Fischer says govt spending can boost productivity

Fiscal policies that improve output can help address some disappointing aspects of current recovery, he adds


PROPERLY directed government spending - including infrastructure spending as US President-elect Donald Trump has promised - can boost the economy's productive capacity, Federal Reserve vice-chair Stanley Fischer said on Monday.

Mr Fischer said there is disagreement about...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to