BNB$710.37-0.33%BRENT$108.23+0.56%BTC$76,717-0.21%COPPER$6.46-0.16%DJI$52,064-0.60%DOGE$0.0833-0.13%DXY99.11+0.06%ETH$2,442-0.35%GOLD$4,317-0.02%NDX$29,104-1.08%SILVER$63.29-0.41%SOL$98.96-0.18%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%BNB$710.37-0.33%BRENT$108.23+0.56%BTC$76,717-0.21%COPPER$6.46-0.16%DJI$52,064-0.60%DOGE$0.0833-0.13%DXY99.11+0.06%ETH$2,442-0.35%GOLD$4,317-0.02%NDX$29,104-1.08%SILVER$63.29-0.41%SOL$98.96-0.18%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%
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·Confidence 80%

US Primary Budget Deficit Reaches 3.3% of GDP

Key takeaways

  • The US government reports the largest primary budget deficit among advanced economies at 3.3% of GDP, raising concerns about creditworthiness and borrowing

Analysis

The US government reports the largest primary budget deficit among advanced economies at 3.3% of GDP, raising concerns about creditworthiness and borrowing

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