Tag: Budget deficit
UK Borrowing Costs Surge to Post-Election High Ahead of Reeves’ Budget
UK borrowing costs have surged to their highest level since the last general election, as investors brace for the upcoming budget announcement by Chancellor Rachel Reeves. The yield on 10-year UK government bonds rose...
ECB’s Knot Urges France and Europe to Improve Financial Stability for Economic Growth
European Central Bank Governing Council member Klaas Knot recently emphasized the importance of European governments, especially France, improving their financial stability to promote economic growth. Knot's remarks were made at a Group of 30...
Uncovering the Global Fiscal Timebomb: A $100 Trillion Crisis
Global finance chiefs are being urged by the International Monetary Fund to tighten their belts as they gather in Washington for their annual meetings. The IMF's Fiscal Monitor report warns that public debt levels...