Latest in Deficit Forecast Economists
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Mexico ups deficit forecast as economists warn of slowing growth
Budget sets out sharp cuts to public spending as new government seeks to restore fiscal credibilityWorld - Financial Times - 7 hours ago -
English councils forecast £9.3bn deficit in three years, analysis shows
Bennett Institute research underlines scale of strains social care placing on local government financingBusiness - Financial Times - October 25 -
'Higher prices, larger deficits': 23 Nobel Prize-winning economists slam Trump agenda, endorse Harris
Experts estimate that Donald Trump's budget plan would expand federal deficits by five times more than Vice President Kamala Harris' proposals.Business - CNBC - October 23 -
The Economist announces support for Harris
The Economist announced Thursday that the outlet is backing Vice President Harris over former President Trump in the upcoming election, now less than a week away. “While some newspapers refused to ...Politics - The Hill - October 31 -
Deficits, Donald Trump and the dollar
How fiscal excess strengthens the currencyWorld - Financial Times - October 30 -
OpenAI hires first chief economist
OpenAI hired its first-ever chief economist to examine the economic impacts of artificial intelligence (AI), the ChatGPT maker announced Tuesday. Aaron “Ronnie” Chatterji, a professor of business ...Politics - The Hill - October 22 -
OpenAI Hires Aaron Chatterji to Be Its Chief Economist
Aaron Chatterji was chief economist at the Commerce Department under President Biden and served on President Obama’s Council of Economic Advisers.Tech - The New York Times - October 22 -
Economist on whether the national debt is cause for concern
The national debt has reached a staggering $35 trillion, yet some economists argue it's not a problem. Stephanie Kelton, author of "The Deficit Myth," joins "CBS Mornings Plus" to explain how ...Top stories - CBS News - October 28 -
Who will run Donald Trump’s new administration?
The new US president is expected to prize loyalty in his picks for key postsWorld - Financial Times - November 6 -
Trump elected US president in historic comeback
Republican defeats Kamala Harris and will return to pinnacle of global power with his ‘America First’ agendaWorld - Financial Times - November 6 -
How Trump won in maps and charts
President-elect gained ground in all but one state and is on course to win the popular voteWorld - Financial Times - November 7 -
Biden’s climate legacy in focus as US prepares for Trump’s return
Next administration set to take a radically different approach to energy policyWorld - Financial Times - November 6 -
Economists warn Trump’s policies will trigger inflation
US president-elect won on claims he could rid of high prices yet many analysts think he will do the oppositeWorld - Financial Times - November 6 -
Queen's University to cut jobs as it faces £11m deficit
The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.Top stories - BBC News - October 25 -
Job cuts 'inevitable' over £30m university deficit
Dundee University has told staff it faces "an extremely challenging period" for the higher education sector.Top stories - BBC News - 2 days ago -
What tariffs do and why economists don't like them
“The most beautiful word in the dictionary is tariff,” former President Donald Trump told the Economic Club of Chicago last week.Top stories - NBC News - October 21 -
BoE chief economist criticises statistics agency over poor jobs data
Huw Pill told ONS in private letter that efforts to fix key labour market survey ‘have not yet led to improvement’Business - Financial Times - October 22 -
Faulty jobs data leaves UK hiring picture uncertain, economists say
Minimum wage rise in Budget at time of labour market uncertainty could lead to more unemploymentWorld - Financial Times - October 27 -
7% mortgage rates are a warning about who will win the election, economist says
Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economyBusiness - MarketWatch - October 30 -
Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
"It isn't anything like we saw with the Trussonomics mini-budget when that spike really was high after those unfunded tax cuts came in," one analyst said.Business - CNBC - November 1 -
Trump’s Economic Plans Could Worsen Inflation, Economists Say
Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost.Business - The New York Times - November 6 -
IMF raises 2025 growth forecast
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story IMF sounds death knell over inflation, raises 2025 outlook International Monetary ...Politics - The Hill - October 22 -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - October 30 -
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficitWorld - ABC News - October 18 -
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.Business - MarketWatch - October 19 -
‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.Business - The New York Times - October 25 -
Dodgers overcome five-run deficit to win World Series
It's the eighth World Series title in franchise history for the Boys in Blue, and their second in five years.Top stories - CBS News - October 31 -
What will happen to the U.S. dollar, deficit and debt under Trump? Watch gold.
Gold’s performance may offer hints on what will happen to the U.S. dollar, and how the U.S. deficit and debt story will play out, as incoming U.S. President Donald Trump takes office, analysts say.Business - MarketWatch - November 8 -
Double-digit deficits are barely a speed bump for Patrick Mahomes and the Chiefs
Falling behind by a double-digit deficit is typically a death knell for most NFL teamsSports - ABC News - 3 days ago -
Republican Congress Could Mean Slashed Taxes and Heightened Deficits
Trump’s agenda could sink the U.S. government trillions of dollars further into debt.Business - Inc. - 2 days ago -
UK public borrowing exceeds official forecast in September
Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s BudgetBusiness - Financial Times - October 22 -
IMF upgrades UK growth forecast in boost to Reeves
Fund’s chief economist sees chance of more ‘aggressive’ Bank of England rate cuts as chancellor prepares for BudgetBusiness - Financial Times - October 22 -
Reeves welcomes IMF's improved UK economic forecast
The global financial institution predicts stronger UK growth of 1.1% this year and 1.5% next year.Top stories - BBC News - October 22 -
Lloyds beats earnings forecasts as lending rises
Mortgage book grows as customers take advantage of fall in interest ratesBusiness - Financial Times - October 23 -
A Trump victory would end ‘normal’ politics between UK and US
Keir Starmer defends Labour activists helping Kamala Harris but if former US president wins, such activity could become diplomatic liabilityBusiness - Financial Times - October 23 -
Heathrow says resumed dividends ‘probable’ as it raises forecasts
Airport’s peak summer season boosted by passengers transiting to Paris for OlympicsBusiness - Financial Times - October 23