Deficit Reduction
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Fed keeps rates steady as it notes 'lack of further progress' on inflation
With the decision to hold the line on rates, the committee noted a "lack of further progress" in getting inflation back down to the central bank's 2% target.CNBC - Business - Federal Reserve -
Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.The New York Times - Business -
Immigration can help Europe bridge the demographic deficit
But mainstream politicians need to be honest about the trade-offs involvedFinancial Times - World -
Canada Swings to Goods-Trade Deficit as Exports Drop
Canada unexpectedly posted a goods-trade deficit in March after a slump in exports erased gains made the month before, led by a retreat in gold shipments and a declines in the automotive industry.The Wall Street Journal - World -
U.S. trade deficit hovers near highest level in almost a year
The trade deficit was flat in March at a nearly one-year high, capping off a first quarter in which a bigger shortfall acting as a drag on the official measure of U.S. economic growth.MarketWatch - Business