- Analytics
- News and Tools
- Market News
- Coronavirus: Room for fiscal policy – Standard Chartered
Coronavirus: Room for fiscal policy – Standard Chartered
FXStreet reports that in the opinion of economists at Standard Chartered Bank Europe and the Pacific region can use fiscal policies to cushion the impact of coronavirus.
“The euro area, Australia, New Zealand, the Philippines, Indonesia, Malaysia, and Taiwan all have room to add to their fiscal deficits, without this leading to an increase in their debt to GDP ratios, even in the short term.”
“However, a number of economies that already have a projected deficit that exceeds this differential would likely have to accept a higher level of debt to GDP to further support their economies.”
“Following any extra stimulus to counter the coronavirus shock, deficits would need to come in below real funding costs minus GDP growth spread in order to bring the policy back to a more sustainable path.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
