How is large government debt in the U.S. shaping its economy?
Update: 2025-06-05
Description
An enormous U.S. government deficit continues to raise concerns about fiscal sustainability as Moody’s joined other rating agencies in downgrading the U.S.’s credit rating.
This raises questions about the implications for U.S. monetary policy, interest rates, and the impact on neighboring economies.
In this episode of the 10-Minute Take, RBC Economics’ Claire Fan and Carrie Freestone explore:
• Why fiscal challenges may be limiting the U.S. Federal Reserve’s ability to cut interest rates.
• How the recent "Big Beautiful Bill" could add to the fiscal burden.
• What these trends mean for Canada’s economy and monetary policy.
This raises questions about the implications for U.S. monetary policy, interest rates, and the impact on neighboring economies.
In this episode of the 10-Minute Take, RBC Economics’ Claire Fan and Carrie Freestone explore:
• Why fiscal challenges may be limiting the U.S. Federal Reserve’s ability to cut interest rates.
• How the recent "Big Beautiful Bill" could add to the fiscal burden.
• What these trends mean for Canada’s economy and monetary policy.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
