No Need 4 Explicit Monetary-Fiscal Policy Coordination. Fiscal Follows the Fed

Part of the monetary policy Transmission mechainism is the fisc. When the Fed cuts rates, interest expense falls. The government feels it can then spend more. When the Fed hikes rates, interes expense up. The government knows it must then spend less. If non-interest spending is left the same, We're in danger of hyperinflation, Unless instead taxes are raised enough.