Federal Reserve Faces Pressure as Inflation and Debt Concerns Mount  Last week, GnS Economics predicted that the Federal Reserve would implement a 25 basis points (bps) rate cut. Our reasoning behind this forecast is grounded in recent economic indicators. Specifically, the 'super-core' inflation, which measures services inflation excluding en...

US Fiscal 2024: Record Debt Interest Matches Deficit, Spending Woes Persist  It's quite fitting that at a time when the interest on US debt has reached a record $1.1 trillion, the US deficit for the first six months of fiscal 2024 also stands at $1.1 trillion. According to the latest Treasury Monthly Statement, in March, the US deficit exceede...