The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.
The U.S. economic outlook has become more cloudy, however. Trump has promised to cut taxes and ease regulations on business, ...
Overall, it is a pragmatic budget that will give more money to the middle class to drive consumption. The reform agenda is ambitious, but it should be taken to its logical conclusion to drive ...
"The effect of personal income tax (PIT) cut is huge!!! I estimate consumption in FY26 will ↑↑ by >10% and GDP will ↑↑ by ... giving them more spending power and, as Subramanian suggests ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Fiscal deficit on scheduled glide path, maintaining capital expenditure to propel ... deficit target of 4.4 per cent of GDP for 2025-26 was sacred. But consumption needed a leg-up and the middle ...
The Personal Consumption Expenditures price index rose 2.6% in ... “soft landing”— price stability without having the economy tank into a recession — remained achievable as Joe Biden ...
The Union Budget for FY26 reflects a strategic recalibration in economic priorities, marking a shift from the overwhelming capital expenditure ... and consumption, ensuring that the economy ...
KV Subramanian, IMF Executive Director, highlights that the finance minister's tax cuts will put Rs 1 lakh crore into the ...
ISLAMABAD: Pakistan’s model of growth — dominated by (public) consumption ... and inefficient and regressive public spending. The 11 percent tax-to-GDP ratio is well under what is needed ...
While investment spending is set to grow by 10.1% (about matching nominal GDP growth), regular operational ... to provide a significant boost to urban consumption and follow the belief of former ...