Moneycontrol
HomeNewsOpinionThe US Budget deficit is huge. Here’s why to worry

The US Budget deficit is huge. Here’s why to worry

Don’t fret about the immediate effect on money markets. Do fear that the bond vigilantes will reawaken

June 26, 2024 / 16:42 IST
Story continues below Advertisement
The US is taking a big risk by running large and chronic fiscal deficits.
Bill Dudley , a Bloomberg Opinion columnist and senior adviser to Bloomberg Economics, is senior adviser to the Griswold Center for Economic Policy Studies at Princeton University.
first published: Jun 26, 2024 04:42 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!