In 2016, Donald Trump said he could eliminate the national debt in eight years. It has since surged from $19 trillion to over ...

“The federal government debt is growing substantially faster than our economy,” the Fed chair told a roomful of Harvard ...

Federal Reserve Chair Jerome Powell expressed concerns about the fiscal trajectory of the U.S. while addressing the students ...

The Bipartisan Fiscal Forum is urging Congress to adopt a 3 percent deficit-to-GDP target to stabilize the national debt and ...

Jerome Powell warns US debt trajectory is unsustainable as national debt crosses $39 trillion, urging policy action to ...

Major policy shifts have increased global uncertainty, sparking financial market volatility, weakened growth prospects, and increased risks, the International Monetary Fund said on Wednesday. That ...

Efforts to tackle the country's $39 trillion national debt may end up creating fiscal problems of their own.

While the Fed is not totally independent — Congress rightly sets its goals and approves its top personnel — fiscal policymakers should not pressure monetary policymakers to make borrowing easier. But ...

This two-day conference—organized jointly by the IMF, Inter-American Development Bank, Faculty of Business and Economics (University of Chile), and Faculty of Economics and Management (Pontifical ...

Fiscal policy has always involved trade-offs. Whose priorities will be financed? Whose burdens will be deferred? Under what conditions? Until recently, governments could postpone these choices by ...