🌍 Economics & Policy
📈 RisingFiscal Over Monetary Dominance.
Why it matters
Monetary policy constraints in most major economies mean governments are using fiscal policy — direct spending, subsidies, industrial policy — more actively. US IRA, CHIPS Act, and EU Green Deal are fiscal-first regimes; inflation persistence is a consequence.
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"fiscal impulse 2026"
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"industrial policy return"
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