The cost of borrowing is already choking crucial public spending across many developing economies. But now it is triggering wider concerns.
Data & financial journalist covering global economics and policy
The cost of borrowing is already choking crucial public spending across many developing economies. But now it is triggering wider concerns.
The country once mocked for fiscal collapse may soon look more disciplined than the world’s largest economy.
As the U.S. national debt approaches $39 trillion, foreign investors play a key role…. though ownership is concentrated among a few countries.
Interest rate cuts are no longer easy for the Fed. With ongoing Iran conflict and volatile oil markets, it may even consider rate hikes to ensure inflation remains stable.