tldrdaily.news logo
Tag

Fiscal Deficit

All articles tagged with #fiscal deficit

economy3 days ago

U.S. Debt Surpasses $38 Trillion, Raising Economic Concerns

The US national debt has surpassed $38 trillion, with a significant increase in corporate bond issuance, especially from tech hyperscalers, raising concerns about upward pressure on interest rates and potential market fragility. The growing competition for bond investors and shifting investor composition, from foreign governments to profit-driven entities, could threaten the stability of US financing and increase borrowing costs amid rising deficits and political debates over spending and tariffs.

via Fortune|
#corporate-bonds#economy#fiscal-deficit
economics1 year ago

Uncertainty Looms Over Trump's Economic Policies and Future Growth

Donald Trump's economic policy proposals are fraught with contradictions, creating uncertainty about their potential impact. Key issues include conflicting approaches to inflation, interest rates, the dollar's value, and the trade deficit. Trump's plans to impose high tariffs could counteract his inflation-fighting promises, while his stance on interest rates and the dollar's valuation adds further complexity. Additionally, his fiscal policy aims to reduce the deficit while implementing tax cuts, a challenging balance to achieve. These contradictions leave investors and economists uncertain about the future of US economic policy under Trump.

via Financial Times|
#economics#fiscal-deficit#inflation
economy1 year ago

China Commits to Boosting Economy with Domestic Consumption and Stimulus

China's Communist Party leaders have prioritized boosting domestic consumption as a key economic strategy, pledging to increase the fiscal deficit and issue more special bonds. At the Central Economic Work Conference, they also discussed lowering interest rates and reducing bank reserve requirements. The focus on domestic demand comes amid concerns over deflation and external trade challenges, particularly with potential U.S. tariffs. However, the lack of detailed measures has disappointed investors, who are cautious about the effectiveness of these policies in stimulating the economy.

via Financial Times|
#china#domestic-consumption#economic-policy
economics1 year ago

Fitch Downgrades China's Sovereign Credit Outlook to Negative Amid Economic Growth Risks

Fitch has downgraded China's sovereign credit rating outlook to negative, citing risks to public finances as the country grapples with decelerating growth and increasing debt. The agency expects China's general government deficit to rise to 7.1% of GDP in 2024 and forecasts economic growth to slow to 4.5% in the same year. Despite tentative signs of economic recovery, Fitch warns of increasing risks to China's public finance outlook as it transitions to a more sustainable growth model, eroding fiscal buffers and raising contingent liability risks.

via Reuters|
#china#credit-rating#economic-growth
economy1 year ago

"America's Looming Financial Crisis: Black Swan Author Warns of $54 Trillion Debt Spiral"

Black Swan author Nassim Taleb warns that the US is facing a potential financial "death spiral" as the national debt increases by $201 billion in just one month, reaching $34.191 trillion. Taleb criticizes Congress for avoiding addressing the growing fiscal deficit, fearing the consequences of doing the right thing. He emphasizes the vulnerability of the US economy to external shocks due to globalization and interconnectedness, expressing gloom about the Western political system's ability to address the situation.

via The Daily Hodl|
#debt-spiral#economy#fiscal-deficit
finance-economy1 year ago

"India's Fiscal Deficit Shrinks to 5.1% Amid Infrastructure Boost and Pre-Election Budget"

India's Finance Minister Nirmala Sitharaman announced that the country's fiscal deficit for 2025 is expected to narrow to 5.1% while boosting infrastructure spending, with capital expenditure set to rise by 11.1% to 11.11 trillion rupees. She emphasized the development of air connectivity and highlighted the potential of the India-Middle East-European Union corridor as a "gamechanger." Long-term interest-free loans will be given to states for tourist center development, and the interim budget also focuses on poverty, youth, women, and farmers. The budget is seen as a stop-gap financial plan during an election year, with the full union budget to be released after the elections.

via CNBC|
#budget#finance-economy#fiscal-deficit