China's Economic Growth Target for 2025

China sets economic growth target at around 5% for 2025 despite challenges like a trade war with the U.S. and a sluggish economy. The government plans to adopt a more proactive fiscal policy and issue ultra-long term bonds to stimulate growth.

US Fiscal Policy Criticized by IMF

The International Monetary Fund criticized US policymakers for their unsustainable fiscal policy, warning that overspending could lead to inflation and global financial instability. The US deficit spending has been driven by Covid-related stimulus, infrastructure investments, and rising interest costs.

US Fiscal Policy Criticized by IMF

The International Monetary Fund criticizes US policymakers for unsustainable fiscal policy driving recent economic growth.

Biden Administration's Fiscal Policy and Inflation

Breitbart Economics Editor John Carney criticized the Biden administration for undermining the Federal Reserve's efforts to lower inflation by running a reckless fiscal policy with large deficits, making it difficult for the Fed to control inflation.