Fireside Chats - US Insights: Outlook for infrastructure and fiscal spending

In this episode Fireside Chats series we’ll be talking with Lewis Alexander and Robert Dent, from our US Economics team, on their thoughts on the US fiscal outlook. As well as how that feeds into their expectations for growth, inflation and, the Fed. We’ll discuss how much fiscal support is still to come from the US government? What will it will mean for inflation, growth and politics? Finally looking at how should this all feed into the Fed and rates pricing.

00:00 Introduction

00:45 Quick review of the state of fiscal support

01:56 Will the new stimulus lead to more inflation?

02:53 Upcoming proposals from the US government

05:44 A historical precedent to follow

07:37 How do other infrastructure plans fit into this?

08:47 Congressional steps ahead

10:07 Tax proposals, our view.

12:15 Timeline of what to expect

14:22 Filibuster reform expected?

16:58 What’s next for the Fed?

18:53 What are the risks to our forecasts?

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