Money-Printing Slowdown Leaves Governments to Take Up Stimulus Slack

 As many of the world's largest central banks have reduced the frequency at which they are printing monies, government entities are taking the decision to increase their spending. Governments are working to prevent and minimize the havoc that would stem from the possibility of another shutdown. As European countries begin entering their second wave of shutdowns, and the United States prepares for its heavily anticipated presidential election, even small changes to economic policy is leaving economists, politicians and the alike in states of angst considering current social and political climates; hence the current trend of wanting to balance the money-printing slowdown with other fiscal stimuli. The Bank of China is said to have determined that they have sufficiently provided fiscal assistance and shows little signs of a willingness to do more. The European Central Bank, People's Bank of China and the Bank of England are said to be following a similar trend. This also includes the US Federal Reserve.

Europe's biggest asset manager is cited as saying that this slowdown will be a cause for concern for months to come and that it "may cause a sort of taper tantrum in markets and a possible re-pricing of inflation expectations." As a precaution, IMF experts are urging governments to “ensure fiscal support is not withdrawn too rapidly.”