stimulus

“We just need to wait for the fiscal stimulus to really kick in.”

"We expect a noticeable increase in gross domestic product in 2026, driven primarily by fiscal stimulus."

Moreover, receding Fed independence concerns, easing tariff risks and fiscal stimulus suggest that USD momentum will be positive into 2026, it says.

Japan’s cabinet under new Prime Minister Sanae Takaichi on Friday approved $135 billion of stimulus, expectations for which have seen Japanese government bond yields rise on concerns over the country’s fiscal position.

"We saw that hot water immersion was the most impactful in increasing core body temperature, which is the main stimulus for these subsequent responses," Atencio said.