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2 posts on "Fiscal Consolidation"
September 26, 2012

Rebalancing the Economy in Response to Fiscal Consolidation

According to the Congressional Budget Office (CBO), under current policies the ratio of federal debt held by the public over gross domestic product—the debt-to-GDP ratio—will rise rapidly over the next decade.

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Posted at 7:00 am in Employment, Exports, Fiscal Policy, Macroeconomics | Permalink
November 9, 2011

The Debt Ceiling as a “Fiscal Rule”

A few months ago, the federal government was once again confronted with the need to raise the statutory limit on the amount of debt issued by the Treasury.

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Posted at 7:00 am in Fiscal Policy, Treasury | Permalink

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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

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