Last Updated
：2025/12/06
fiscal drag
Noun
countable
uncountable
Japanese Meaning
政府の支出と税収の差額が、民間経済の貯蓄需要を補えないために、経済全体にデフレーション圧力を及ぼす現象（財政効果）
（ plural ）
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(economics) The deflationary pressure on the economy that results from the government's net fiscal position (spending minus taxation) failing to cover the net savings desires of the private economy.
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fiscal drag
Policymakers warned that ongoing fiscal drag — the deflationary pressure arising because government spending minus taxation doesn't offset the private sector's desire to save — could deepen the slowdown.
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Policymakers warned that ongoing fiscal drag — the deflationary pressure arising because government spending minus taxation doesn't offset the private sector's desire to save — could deepen the slowdown.
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