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The US needs to stop acting as though it has ‘infinite fiscal space,’ and provide more targeted coronavirus stimulus, a top economist warned

Any further US stimulus should be targeted at medium-sized businesses, rather than being broad-based, Chicago Booth Business School economist Raghuram Rajan said Thursday. “Just because one can spend at this point, doesn’t mean one has a blank cheque,” he said on Thursday. The former Indian central bank governor is of […]
The US needs to stop acting as though it has ‘infinite fiscal space,’ and provide more targeted coronavirus stimulus, a top economist warned