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Fed Minutes: All On FOMC Agree To 'Proceed Carefully' On Rates

Fed Minutes: All On FOMC Agree To 'Proceed Carefully' On Rates
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'All' Agreed Rates Should Stay Restrictive For Some Time

'All' Agreed Rates Should Stay Restrictive For Some Time
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Causes of the Federal Government's Unsustainable Spending | The Heritage Foundation

In all but five of the past 50 years, the budget of the United States has been in cash deficit.[1] For example, in 2015, the federal government ran a cash deficit of $438 billion after collecting $3,250 billion in revenues and spending $3,688 billion.[2] The continuous level of deficit spending has increased public debt, which, during the same period, rose from 33.7 percent to 73.6 percent of the gross domestic product (GDP). ....

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Fed Staff Projected 'Mild Recession' Starting Later In 2023

Fed Staff Projected 'Mild Recession' Starting Later In 2023
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