budget deficit

Russia’s central bank cuts interest rate to 17% to boost slowing economy; deficit widens, inflation rising

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Russia’s central bank lowered its key interest rate to 17% to stimulate the slowing economy, even as elevated inflation persists at 8.2%. This decision reflects ...

Trump’s tariff windfall: CBO projects $4 trillion deficit cut from revenues; could ease strain on US debt

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A Surprisingly Silver Lining: Could Trump-Era Tariffs Actually Help Ease US Debt? The economic landscape is rarely straightforward, and sometimes policies produce unexpected results. Remember ...