Economics ❯Macroeconomics ❯Fiscal Policy

Budget Deficit

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

The downgrade to Aa1, citing unsustainable debt growth, follows Trump's fiscal policies and sparks concerns over U.S. financial stability.

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