During the pandemic, the federal government and the federal reserve lowered coupon rates of treasury bills, lowered the reservation rate of banks, and repurchased some extant treasury bonds. What are these policies (fiscal or monetary)? Recently, the congress and senate passed the infrastructure bill from Biden administration, what is the policy (fiscal or monetary)? Right now, the inflation rate in the US is high after the stimulation. And the deficit of the federal government increased a lot. What fiscal and monetary policies do you suggest for the federal government?