The cost of borrowing is already choking crucial public spending across many developing economies. But now it is triggering wider concerns.
All posts tagged g7
G7 central banks hold rates as energy-driven inflation risks persist
Rising oil prices are feeding inflation risks, forcing central banks to delay rate cuts despite easing geopolitical tensions.
After Japan, U.S. debt is set to be the highest in the G7 by 2030
IMF projections show U.S. government debt climbing faster than most G7 peers, surpassing the group’s average in 2025 and reaching about 143% of GDP by 2030—second only to Japan.
G7 inflation mapped on one graph
In Japan, the only Asian economy in G7, core inflation rose at its fastest annual pace in over two years, climbing to 3.5% in April, according to data released Friday. I mapped the inflation (with some caveats) to look at the overall inflation trend in G7 economies.