The debt limit caps the amount of borrowing that can occur by the federal government to pay for existing financial…
Category: News
Reeves’ fiscal rules non-negotiable in face of bond sell-off, deputy tells MPs | Economic policy
Rachel Reeves will not break her promise to borrow money only for investment, even as gilt yields rose to their…
Will fiscal responsibility now become the cornerstone of economic policy? – Orange County Register
The arrival of a new presidential administration invokes new beginnings and a break from the past. Still, realities from previous…
Oman’s GDP projected to reach $102bn in 2025
Oman News Agency The average price of crude is expected to range between $70 and $80 per barrel in 2025,…
Rachel Reeves says she has ‘iron grip’ on finances as borrowing costs surge | Gilts
Rachel Reeves took the rare step of issuing a public statement for the second successive day on Wednesday, insisting she…
How the spending of the rich drives the income of the poor, and why this matters for the business cycle
We are very sorry to be the bearer of bad news, but your pay for the next year or two…
France’s Villeroy Urges Big Budget Cuts to Cure Fiscal Sickness
(Bloomberg) — Bank of France Governor Francois Villeroy de Galhau said the government must be as ambitious as possible with…
Argentina President Javier Milei Is Making Progress
Just over a year ago, Javier Milei, the eccentric, chainsaw-wielding libertarian economist, won the presidency in Argentina against a backdrop…
Has the bond market turned against Rachel Reeves?
Less than three months after delivering her first Budget, Rachel Reeves is running into treacherous fiscal waters as rising UK…
Reeves Eyes More Spending Cuts If UK Bond Rout Eats Up Headroom
(Bloomberg) — Chancellor of the Exchequer Rachel Reeves will favor fresh cuts to public spending over tax hikes if soaring…