fiscal policy

High public debt, AI and non-bank financial institutions are reshaping economic systems

AI, high energy prices and rising public debt are major ‘cross-currents’ the world economy must navigate

Japan’s public debt, at roughly twice the size of its economy, is the largest in the developed world

Economists urge alternative fiscal discipline measures if this ceiling is removed

He is the country’s third finance minister in under two years; one of his biggest challenges will be reducing policy uncertainty

He announces plans to give city regions greater powers to attract private investment

The unexpectedly strong performances last quarter are prompting economists to upgrade growth forecasts across the region

Authorities are preparing new fiscal-financial support measures for the second half of this year

US 30-year Treasury yields hit highest since 2007, above 5%; Japan’s 10-year borrowing costs reach three-decade high just under 3%