Assertion: fiscal policy's effect | /r/HasProperty | counterbalanced
Facets:
value: according to the minutes
type: OTHER
value: substantially
type: DEGREE
Source sentences:
text: In the Fed staff forecasts for the December meeting, according to the minutes, the positive effects of assumed fiscal changes on growth and inflation were “substantially counterbalanced” by the restraining effects of higher longer-term interest rates and the stronger dollar.