chart of the weekFuel for Thought: Ditch the Subsidies
By IMFBlog
Pensions, education, healthcare, better infrastructure, technology, and climate change: fiscal policymakers have their work cut out for them on many fronts. (more…)
US Business Investment: Rising Market Power Mutes Tax Cut Impact
By Emanuel Kopp, Daniel Leigh, and Suchanan Tambunlertchai
US business investment has been on the rise. Since the passage of the Tax Cuts and Jobs Act at the end of 2017, US businesses have bought more machinery, developed software, and created new intellectual property. (more…)
Chart of the WeekCanada’s Housing Market Slowdown
By IMFBlog
Following a period of escalating prices, Canada’s housing market is cooling. Measures designed to strengthen financial stability such as more stringent tests of borrowers’ ability to repay their loans, along with higher interest rates, combined to make mortgage financing more expensive. (more…)
Tariff Shocks: The Role of Value Chains in Europe
By Raju Huidrom, Carlos Mulas-Granados, Laura Papi, and Emil Stavrev
The Czech Republic exports only a small number of cars and car parts directly to the United States, but it’s likely to suffer significant economic damage if that country were to impose tariffs on auto imports. (more…)
The Slope of the US Yield Curve and Risks to Growth
By Tobias Adrian, Rohit Goel and Fabio Natalucci
The slope of the yield curve in the US has inverted in recent months, making long-term debt significantly cheaper than short-term debt. (more…)
China Deepens Global Finance Links as It Joins Benchmark Indexes
By Sally Chen, Dimitris Drakopoulos, and Rohit Goel
China is embarking on the next stage of its integration into global financial markets. (more…)