The Aporia
The Aporia
3 articles about 3 events for “Government Borrowing Increases” from Al Jazeera.
“Inflation Government borrowing and inflation continue to rise, which is a potential spanner in the works for proposed spending.”
“Higher interest rates raise the cost of borrowing, including mortgages, cooling consumer demand and bringing down inflation.”
“National debt surpassed $40 trillion in August, and the 30-year treasury yield jumped to 5.32 percent that same month, the highest cost of borrowing for the US government in nearly two decades, according to the Center for American Progress.”