Global equity markets have recovered smartly from the lows in April 2025 that were triggered by US President Donald Trump’s ...

Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the ...

Last week, the president enacted a sprawling set of tax cuts that he believes to be the ingredients for rapid economic growth ...

The fiscal hawks warn it’s “irresponsible,” “fails the American people,” and will doom the next generation. Elon Musk just started a new political party over it. So why is the market shrugging off the ...

As a result, financial conditions tightened at an unprecedented speed. Decisive monetary, financial, and fiscal policy actions—aimed at containing the fallout from the pandemic—managed to stabilize ...

Monetary and fiscal policy tightening, including through containing off-budget capital expenditure, are needed to reduce inflation and maintain debt sustainability. Managing large capital inflows ...