America’s national debt is spiraling higher by the second. At the time of writing it sits at over $37.8 trillion, and there ...
US government debt could reach 250% of gross domestic product without putting upward pressure on interest rates, according to a paper presented at the Federal Reserve’s Jackson Hole conference. “Until ...
Take, for example, the fact that after months of dismal jobs numbers and recession predictions, a recent White House press ...
Monetization of debt, fiscal austerity, and economic growth are three likely paths for solving the budget deficit.
Massive government spending to battle the coronavirus pandemic will push public debt to a record of nearly 100% of global economic output this year, but the run-up may be a one-off event if growth ...
The coronavirus pandemic will darken the U.S. long-term fiscal outlook for decades to come, the Congressional Budget Office said on Monday, releasing new forecasts that show federal government debt in ...
Global debt has stabilized, though it remains at an elevated level, as a continued reduction in private-sector lending offset greater borrowing by governments. Total debt was little changed last year, ...