The budget projects program spending to reach nearly $491 billion in the next fiscal year, along with the deficit set to reach $40 billion.

Fitch Ratings has downgraded the U.S. Sovereign Credit Rating to 'AA+' from 'AAA', citing fiscal deterioration, a growing debt burden, and erosion of governance.

Discover the Federal Reserve's unprecedented move as it raises interest rates to a 22-year high in response to a surge in the economy. Learn about the implications and reasons behind this decision to tackle inflationary concerns.

Facing persistent inflation and robust economic growth, the Bank of Canada takes decisive action, raising its key interest rate to 5%. Explore how this policy change aims to restore price stability and shape Canada's economic outlook for the coming years.

Explore our analysis of the Federal Reserve's June 14, 2023 decision to pause its rate-hiking campaign. Understand the implications of this pause, the Fed's future interest rate projections, and its revised economic growth and unemployment forecasts.

Get the latest updates on the Bank of Canada's recent interest rate increase and its ongoing quantitative tightening strategy. Learn how these changes reflect global economic conditions and their potential impact on Canada's robust economic growth.