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public debt
Business / 38 weeks ago
GDP projections for OECD countries in 2025 and what they mean
As of December 2024, the Organisation for Economic Co-operation and Development (OECD) released its latest Economic Outlook, projecting global GDP growth to remain resilient despite significant challenges. The global economy is expected to grow by 3.3% in 2025, slightly up from 3.2% in 2024. Inflation within OECD countries is anticipated to ease from 5.4% in 2024 to 3.8% in 2025, supported by a still restrictive monetary policy stance in most countries. Regional Projections:
Politics / 44 weeks ago
Who holds U.S. debt?
The United States is one of the biggest lenders in the world, yet it holds one of the greatest debts. By the close of 2023, the U.S. national debt had reached $34.4 trillion, with various entities holding portions of this debt. According to the U.S. Treasury and the Peter G. Peterson Foundation, the debt is divided into two main categories: debt held by the public (domestic and foreign holders) and intragovernmental debt.
