Template-type: ReDIF-Article 1.0
Author-Name: Abramov Alexander
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration
Author-Name: Kosyrev Andrey 
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration
Author-Name: Radygin Alexander
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration; Gaidar Institute for Economic Policy
Author-Name: Chernova Maria
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration
Title: US Stimulus Plan Raises Inflation Expectations (Review of Financial Markets from January 16 through March 15, 2021)
Title: Американский план помощи вызывает повышение инфляционных ожиданий (обзор мировых финансовых рынков с 16 января по 15 марта 2021 г.)
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
Journal: Russian Economic Developments
Year: 2021
Issue: 3
Month: March
Pages: 18-21
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2128.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2128