Economics ❯Macroeconomics ❯Fiscal Policy

Budget Deficit

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UK Long-Term Borrowing Costs Near 27-Year High, Tightening Reeves’s Budget Choices

Rising gilt yields are shrinking the chancellor’s limited fiscal buffer ahead of the autumn budget.

Moody’s Downgrades U.S. Credit Rating, Triggering Market Volatility

China Plans Fiscal and Monetary Expansion to Bolster Economy

CBO Warns U.S. Debt to Reach $56 Trillion by 2034

IMF Raises China's GDP Growth Forecast for 2023 to 5.4%, Warns of Slowing 2024 Growth Amid Property Sector Weakness