Chris Dillow 

Fiscal policy & equities

Chris Dillow

Chris Dillow
Fiscal policy & equities

Chancellor Philip Hammond is expected to announce some loosening of fiscal policy in next week’s Budget. There’s a simple test of the extent to which he does so: what happens to interest rate expectations? If these rise, it’ll be a sign that futures markets expect a significant loosening. If they don’t, it’ll tell us that talk of loosening is just that – talk.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now