According to data from the Bank of International Settlements, International Monetary Fund, compiled by McKinsey Global Institute as shared in the chart, the global debt has grown more than ever, faster than ever, despite the political promise of balancing the budget.
Surprisingly, despite such indebtedness, interest rates remain very low along with inflation.


Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike




