Today news
About the same in other media
07.11 - 12:23
Federal Deficit Could Widen as Economy Slows, Borrowing Costs Rise
Reading now: 373
A cooling U.S. economy and rising interest rates could widen the federal budget deficit, potentially undercutting the White House’s message that a shrinking budget gap under President Biden shows fiscal responsibility in a time of high inflation.
The budget deficit for the 2023 fiscal year, which began Oct. 1, is expected to hold nearly steady from the last fiscal year, at more than $1 trillion, the White House and private sector economists say.
Read more on wsj.comAbout this in other media
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates wsj.com /2 years ago
China’s Exports Drop Sharply as Global Economy Slows wsj.com /2 years ago
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates wsj.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
