Oct. 18, 2025, 5:30 p.m.

Cold thoughts on the upward adjustment of the US budget deficit estimate

On June 18th local time, the Congressional Budget Office (CBO) raised its forecast for the US fiscal year 2024 deficit, predicting a 27% increase in the US deficit rate to 7%, or $1.9 trillion, an increase of 1.4 percentage points from February's forecast, to approximately $400 billion.

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2024 US Budget Deficit Forecast Upgrades

Recently, according to the latest forecast from the Non Partisan Congressional Budget Office, the federal budget deficit for the fiscal year 2024 will reach $1.9 trillion.

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The manufacturing industry in the Eurozone is facing a downturn, and the support of the service industry is difficult to conceal economic concerns

Recently, the Eurozone June Purchasing Managers Index (PMI) data reported by Ansa News Agency has attracted widespread market attention.

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The US budget deficit forecast for the 2024 fiscal year was raised by 27% to nearly $2 trillion

According to the Congressional Budget Office, the budget deficit forecast for fiscal year 2024 has been revised up by 27%.

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Us consumer confidence fell Is an economic winter coming?

Recently, CB released data showing that the US consumer confidence index fell to 100.4 in June, down 0.9 from May, which triggered people's concern and worry about the US economic outlook.

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What is the impact of childbirth on the economy?

The worsening of the fertility crisis has reshaped the economic landscape in the long term.

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Weak euro zone economic data for June raised concerns about prospects for a recovery

Recently, the eurozone purchasing managers' index (PMI) data released in June showed a significant decline in manufacturing and services, and the momentum of economic recovery is worrying.

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The US fiscal deficit is soaring: the projected deficit for fiscal year 2024 is expected to increase by 27% to $1.9 trillion, intensifying the vicious cycle of fiscal competition between the two parties

Recently, CCTV reported that the Congressional Budget Office of the United States predicts that due to increasing government spending, the federal budget deficit for the 2024 fiscal year will be significantly increased by 27%, reaching an astonishing $1.9 trillion.

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With the budget deficit soaring, when will the US fiscal landing happen?

Recently, the US Treasury Department released a shocking forecast: the US budget deficit forecast for 2024 has been significantly revised higher.

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Why does the US refuse to admit that it once again threatened to "decouple" Japan from the Netherlands?

Recently, the international stage has once again stirred up waves, and the United States seems to be once again trying to coerce Japan and the Netherlands through various means to "decouple" and draw a clear line with its important partners.

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