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FEDERAL DEFICIT REDUCTION
US Stock Market: Fed Chair Kevin Warsh unveils expert panels to overhaul US Central Bank policy frameworkFederal Reserve Chairman Kevin Warsh announced a comprehensive review of monetary policy. Five taskforces comprising prominent economists w...- Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
- Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEOThe Federation of Indian Export Organisations (FIEO) said that the conflict in West Asia suppressed India's trade volume, with exports to t...
- Why has the average mortgage payment crossed $2,000, and how can you lower yours as mortgage rates remain stubbornly high in 2026?The average mortgage payment has surged past $2,000 for the first time, reaching $2,005 as high mortgage rates, rising home prices, and per...
- India considers spending curbs to protect fiscal deficit targetIndia's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals...
- Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...
- Is a deeper bond crash ahead? From Washington to Tokyo, governments are paying the highest borrowing costs in decades as global bond yields surge — why are investors dumping bonds?Global Bond Yields Spike to Multi-Decade Highs as Iran War Fuels Inflation Crisis: From Washington to Tokyo, governments are now paying the...
- India rupee slips to record low near 96 per USD as energy risks deepenThe Indian rupee hit an all-time low, driven by high oil prices and portfolio outflows straining the economy. Policymakers are considering ...
- U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
- Social Security benefit cap proposal warning: will this new limit quietly cut how much retirees receive annually?Social Security benefits cap proposal 2026 is reshaping retirement talks in the US. A key warning shows a $230 billion annual shortfall in ...
- US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
- US budget deficit hits $284 billion in October; report impacted by shutdownAmerica's government reported a $284 billion deficit in October. This figure was influenced by a federal shutdown and a shift of some Novem...
- U.S Government shutdown impact: Budget deficit jump to $284 billion. What does this mean for Americans?Budget deficit last month was up $27 billion, or 10% higher, than the $257 billion deficit posted in October 2024, largely due to the shift...
- Trump's tariffs could reduce US deficit by $4 trillion, CBO estimatesThe Congressional Budget Office estimates that President Trump's increased tariffs on U.S. imports could reduce the national deficit by $4 ...
- US agency leading Elon Musk's firing spree has opened up a new job positionThe Office of Personnel Management (OPM) made its first new hire since Trump's presidency, filling a driver position after a previous one r...
- India to move away from fiscal deficit targeting after FY26India will shift from targeting a specific fiscal deficit level after 2025-26 to using the debt-to-GDP ratio as the fiscal policy anchor, a...
- US national debt crosses $31 trillion. Read detailsUS national debt has surpassed $31 trillion. The grim milestone was achieved even when the federal government's excessive spending has dras...
- Moody's says convinced about 'AAA' US ratingMoody's said it was convinced about its 'AAA' rating and would consider a downgrade only if the United States fails in efforts to reduce it...
- $1 trillion on the table in U.S. debt talksU.S. lawmakers are weighing $1 trillion in deficit-cutting measures as part of a possible deal that would allow an increase in the country'...
- We are committed to fiscal reforms to cut federal budget deficit: USThe Obama govt said it is geared up for fiscal reforms after rating agency Standard & Poor's threatened to downgrade the country's AAA cred...
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