Economic Progress

Is "helicopter money" really the key to tackling anaemic growth?

The United States Federal Reserve Board building is shown in Washington October 28, 2014. The U.S. Federal Reserve this week will likely reinforce its stated willingness to wait a long while before hiking interest rates after a volatile month in financial markets that saw some measure of inflation expectations drop worryingly low.

Helicopter money is a risk to the economy and central banks, argues James McCormack. Image: REUTERS/Gary Cameron

James McCormack
Managing Director and Global Head , Sovereign and Supranational Group at Fitch Ratings
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