The recent turmoil in the U.K. shows the risks and challenges for policymakers grappling with how to respond to simultaneously soaring prices, rising debt and flagging growth.
President Joe Biden is cheering a record plunge in the federal budget deficit, but the numbers belie a troubling trend that could come back to haunt him: The cost of government debt is skyrocketing.
The Federal Reserve’s relentless campaign to crank up interest rates to kill the worst inflation in four decades is also driving up debt costs…
Image by Tibor Janosi Mozes from Pixabay
