This is not the end of the story. Investors should be aware that there are many other fiscal and monetary policy tools available to the administration and the Federal Reserve respectively.

What are Fiscal Rules? A fiscal rule is a long-lasting constraint on fiscal policy through numerical limits on budgetary aggregates. Fiscal rules typically aim at correcting distorted incentives and ...

“Fiscal and monetary policy are working in tandem and there has been good coordination between the government and the RBI,” she added.