US Stimulus Plan Raises Inflation Expectations (Review of Financial Markets from January 16 through March 15, 2021)

Американский план помощи вызывает повышение инфляционных ожиданий (обзор мировых финансовых рынков с 16 января по 15 марта 2021 г.)

Alexander Abramov, Andrey Kosyrev, Alexander Radygin and Maria Chernova

Russian Economic Development, 2021, issue 3, 18-21

Abstract: The expansion of the US government economic stimulus package has raised concerns about accelerating inflation and rising asset values not only inside the country, but throughout the world. In the medium term, the Russian economy and financial market may benefit from climbing US budget spending. The expensive relief measures may push up prices for oil and other raw materials and, accordingly, produce an increase in the value of shares issued by Russian companies. However, this effect is expected to be temporary.

Keywords: financial markets; share indexes; the USA stimulus plan; Law on the American recovery plan (search for similar items in EconPapers)
Date: 2021
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