Policymakers are reportedly bringing forward some planned government bond issuance from next year to support infrastructure investment in the second half of 2022. This will help avert the slump in investment that was imminent without new funding and should ensure that infrastructure remains a relative bright spot in the economy. But this doesn’t constitute major stimulus that would fuel a significant acceleration in infrastructure spending over the rest of the year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.