📉Increasing federal deficit and borrowing is causing inflation and complicating the Federal Reserve's fight against it.
🌍The Ukraine war and containment of China by the US military have global economic and political implications.
🛢️America's increasing oil production is challenging OPEC+ production cuts and impacting global oil prices.
💵The defense bill's borrowing adds to the national debt and puts the US at risk of default in the future.
🔒US interest rate cuts are likely to be delayed due to increased government spending, further complicating economic stability.