Europe and the Pacific region can use fiscal policies to cushion the impact of coronavirus in the opinion of economists at Standard Chartered Bank. Key quotes “The euro area, Australia, New Zealand, the Philippines, Indonesia, Malaysia, and Taiwan all have room to add to their fiscal deficits, without this leading to an increase in their debt to GDP ratios, even in the short term.” “However, a number of economies that already have a projected deficit that exceeds this differential would likely have to accept a higher level of debt to GDP to further support their economies.” “Following any extra stimulus to counter the coronavirus shock, deficits would need to come in below real funding costs minus GDP growth spread in order to bring the policy back to a more sustainable path.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Litecoin Price Analysis: LTC/USD has pushed higher and could aim for the recent high at 73.33 FX Street 2 years Europe and the Pacific region can use fiscal policies to cushion the impact of coronavirus in the opinion of economists at Standard Chartered Bank. Key quotes “The euro area, Australia, New Zealand, the Philippines, Indonesia, Malaysia, and Taiwan all have room to add to their fiscal deficits, without this leading to an increase in their debt to GDP ratios, even in the short term.” “However, a number of economies that already have a projected deficit that exceeds this differential would likely have to accept a higher level of debt to GDP to further support their economies.” “Following any extra stimulus… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
