National Debt (US) – Page 10

As Fed Battles Inflation, the Dollar Keeps Its Swagger

The U.S. currency has been on a tear, and the Fed’s decision to keep interest rates steady is likely to keep the dollar “higher for longer,” our columnist says.

By Jeff Sommer

Coronavirus (2019-nCoV) Federal Reserve System Government Bonds Inflation (Economics) Interest Rates National Debt (US) Powell, Jerome H Real Estate and Housing (Residential) Tax Cuts and Jobs Act (2017) United States United States Economy

Federal Reserve Officials See Rates Staying High

Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.

By Ben Casselman and Jeanna Smialek

Biden, Joseph R Jr Federal Budget (US) Internal Revenue Service National Debt (US) Tax Credits, Deductions and Exemptions Treasury Department United States Economy United States Politics and Government

U.S. National Debt Tops $33 Trillion for First Time

The fiscal milestone comes as Congress is facing a new spending fight with a government shutdown looming.

By Alan Rappeport

Biden, Joseph R Jr Credit Ratings and Credit Rating Agencies Federal Budget (US) Federal Criminal Case Against Trump (2020 Election Case) Fitch Ratings Inflation (Economics) Interest Rates Medicare National Debt (US) Social Security (US) Treasury Department United States Economy United States Politics and Government

White House Hits Back on Fitch Credit Downgrade, Protecting Biden

The president’s team has mobilized to counter the downgrade of Treasury debt by the Fitch Ratings agency, rushing to defend the story of an improving economic outlook.

By Jim Tankersley