US & Japan's Fiscal Stimulus: A Double-Edged Sword

On November 13th, both the U.S. and Japan are implementing unconventional fiscal stimulus strategies to combat inflation, despite concerns from economists that this could exacerbate the issue. President Trump plans to send $2,000 checks to households, while Prime Minister Takaichi is preparing a massive economic stimulus package. Both leaders also prefer to maintain low-interest rates, raising questions about the effectiveness of these measures in controlling inflation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.