Market news
09.11.2020, 07:59

US fiscal stimulus deal most likely in December – Goldman Sachs

FXStreet reports that the Goldman Sachs analysts provide probable scenarios on a post-US election fiscal stimulus.

“Neither party has as much to gain from postponing passage since Senate control looks less likely to change than it seemed prior to the election.” 

“The upcoming runoff elections in Georgia might make Senate Republicans more eager to reach a deal, as they will want to avoid any perception the Republican majority is an obstacle to fiscal relief.”

“Some fiscal measures are likely to pass in December along with the spending bill, and political trade-offs might make it easiest to just pass the broader bill at that point.”

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