What is the purpose of fiscal policy? Don’t ask Rachel Reeves!

Created
Thu, 27/03/2025 - 16:14
Updated
Thu, 27/03/2025 - 16:14
It’s been a week of grand fiscal statements. Tuesday, it was for Australia as I discussed yesterday – Australian fiscal statement – rising unemployment amidst a moderate fiscal contraction (March 26, 2025). Then yesterday in the UK, the Labour Chancellor delivered the British Government’s – Spring Statement 2025. Both statements come at a time when…