US fiscal stimulus deal most likely in December – Goldman Sachs
The Goldman Sachs analysts provide probable scenarios on a post-US election fiscal stimulus, with a deal most likely to be reached in December.
Key quotes
“Neither party has as much to gain from postponing passage since Senate control looks less likely to change than it seemed prior to the election.”
“The upcoming runoff elections in Georgia might make Senate Republicans more eager to reach a deal, as they will want to avoid any perception the Republican majority is an obstacle to fiscal relief.”
“As noted above, some fiscal measures are likely to pass in December along with the spending bill, and political trade-offs might make it easiest to just pass the broader bill at that point.”
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
