Britain recorded a quarterly adjusted goods trade balance of -22.244 billion pounds in July, the largest deficit since January 2022. The UK's three-month GDP rate recorded 0.2% in July, the smallest increase since January 2025. The UK's manufacturing output rate recorded -1.3% in July, the largest decline since July 2024.
The current account of the United States in Quarter 1 recorded - $450.20 billion, the largest deficit on record.
In the context of America's massive deficit, will the fund become a political tool, or will it be able to achieve its stated goals? Click to view...
The deficit increased by $129 billion in January alone. The widening budget gap could fuel the fears of fiscal hawks. Musk has warned that the US will "go bankrupt" if it does not cut its budget. Click to see...
On December 31st, Han Wenxiu, deputy director of the Central Finance Office in charge of daily work, pointed out in an article in the People's Daily that in 2025, it is necessary to maintain stable economic growth, maintain overall stability in employment and prices, maintain a basic balance of international payments, and promote the growth of residents' income and economic growth. Implement a more active fiscal policy. Make overall arrangements for various fiscal funds such as revenue and bonds...
On December 24th, the National Financial Work Conference was held in Beijing. The meeting pointed out that in 2025, we should implement a more active fiscal policy, continue to work hard and be more awesome, and play a good policy "combination fist". First, increase the fiscal deficit rate, increase the intensity of expenditure, and speed up the progress of expenditure. Second, arrange larger-scale government bonds to provide more support for stabilizing growth and adjusting the structure. Third...
On December 13, Wang Qing, chief macro analyst of Dongfang Jincheng, said that the counter-cyclical adjustment of fiscal policy is "extraordinary", which may be mainly reflected in a relatively large increase in the deficit rate. It is expected that the deficit rate will be raised from 3% this year to about 4% next year (increasing the fiscal spending capacity equivalent to 1.30 trillion). Under the more active fiscal policy, it is expected that the national general public budget expenditure wil...
On December 12th, according to CCTV news broadcast, from December 11th to 12th, the Central Economic Work Conference was held in Beijing. The meeting said in the deployment of next year's fiscal policy, to implement a more active fiscal policy, increase the fiscal deficit rate, increase the issuance of ultra-long-term special government bonds, increase the issuance and use of local government special project bonds, optimize the structure of fiscal expenditure, and firmly grasp the bottom line of...
Mitchell Askew, principal analyst at mining firm Blockware, said that deficit spending and lower interest rates are driving higher global liquidity, while investors are concerned about a prolonged period of high inflation, as evidenced by the poor performance of government bonds since the September interest rate cut. As a result, investors are turning to the bitcoin market, while bitcoin mining stocks are trading in a "beta" state. Askew added that some bitcoin miners are also benefiting from di...
The continued strength of the US economy and concerns about a widening fiscal deficit have reduced bets on rapid policy easing.