How US policy could impact global markets

Global economy likely to suffer growth slowdown as stimulus policy reversed

clock • 2 min read
US policy decisions could impact global markets

US policy decisions could impact global markets

US President Joe Biden’s $2trn infrastructure spending plan is expected to give a “significant” boost to long-term growth potential, but a reversal of monetary and fiscal policy is likely to lead to a growth slowdown for the global economy, commentators have warned.

According to Azhar Hussain, global head of credit at Royal London Asset Management, the US has been the "most effective" economy in its leverage of coordinated fiscal and monetary policy to regenerate...

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