Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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The IMF recommends that the United States reform its fiscal policy

May, 21 2025

The IMF noted the need for the United States to reduce the budget deficit and solve the problem of growing public debt. The deputy Head of the IMF, Gita Gopinath, pointed out that the situation is aggravated by uncertainty in trade policy, despite the interim agreement with China.Last week, Moody's downgraded the long-term credit rating of the United States to "Aa1" due to rising government debt and budget deficits. Moody's became the last of the leading agencies to hold the highest rating of th... Read More

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