World Perspectives

The Future of Loose Fiscal Policy and the Economy

Since the early 2000s, there has been plenty of discussion about whether monetary policy is too loose or too tight given the underlying economic conditions. It continues through today as the Fed tightened monetary policy to reign in inflation after the massive amounts of fiscal policy stimulus that came as a part of COVID recovery. From Q2 2022 to Q3 2023, interest rates increased by a total of 525 basis points, but inflation has remained “sticky” into 2024. That brings up another perhaps more pertinent topic of discussion: “loose” fiscal policy, i.e. large deficits. At the end of 2023, the current federal deficit was 6.3 percent of GDP, down from the COVID peak of 14.7 percent, but still the highest since the Great...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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