Cutting the public deficit to 7% of GDP this year is out of question, there is no way to achieve this – Romania's prime minister Ilie Bolojan said in a press conference on July 11, adding that his ...

The Federal Reserve is maintaining its current policy stance in order to assess the impact of President Trump’s protectionist ...

Crypto's impact on government deficits isn't straightforward. From Bitcoin undermining fiscal policy to stablecoins supporting U.S. debt markets, here's what you need to know.

And while neither party has managed to rein in the red ink, legendary investor Warren Buffett once offered a surprisingly ...

We study the effects of debt-financed fiscal transfers in a general equilibrium, heterogeneous-agent model of the world economy. In the long run, increases in government debt anywhere raise the world ...