Tag: Macroeconomics

Analysis: Economists Disagree on Fallout of Breaking US Debt Ceiling

The United States will reach its statutory debt ceiling sometime between July and September unless Congress raises it. If the ceiling is reached, what happens next? The answer depends on which economist you ask. The Epoch Times spoke with four authorities, and their answers varied from mild repercussions to economic disaster. Here’s a survey of…


Reserve Bank of Australia to Go Under Review for First Time in Decades

Treasurer Jim Chalmers has announced the first major review of the Reserve Bank of Australia (RBA) since the 1990s and will scrutinise its inflation target arrangements, policy tools, governance, and culture. “This is an important opportunity to get the ball rolling on the Reserve Bank review that the country desperately needs to make sure that…