In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.

The Federal Reserve has not been in contact with Elon Musk-led Department of Government Efficiency (DOGE), Chair Jerome Powell said Wednesday in a question-and-answer session before the House ...

DOGE acknowledged that the work was incomplete but said it was part of an “enormous manual effort consolidating 16,000+ offices.” In the days before Musk’s DOGE set its sights on the ...

Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be watching the impact of Trump administration policies on inflation as they assess ...

(Bloomberg) -- European Central Bank interest rates will soon stop restraining economic activity, according to Governing Council member Olli Rehn. In a speech on Friday in Helsinki, Rehn said ...

But he also said that financial conditions are "probably still somewhat accommodative".     So which is it?     To quote Powell again, it's probably "a mixed bag". Highlighting both views serves a ...

As India prepares for the presentation of the Union Budget 2025, one of the central aspects of economic management that will be under scrutiny is fiscal policy. Fiscal policy refers to the ...

and easy fiscal policy lift inflation this year. But like the Fed, these economists are giving themselves some breathing room. "We believe monetary policy is only slightly restrictive, and see two ...

A popular approach to perform inference on a target parameter in the presence of nuisance parameters is to construct estimating equations that are orthogonal to the nuisance parameters, in the sense ...