What will happen if US lawmakers fail to solve the debt ceiling row?

As the regional bank turmoil continues and markets digest the Federal Reserve’s latest rate hike, investors and executives are turning to the next big question: What if lawmakers fail to resolve the stand-off around the US debt ceiling?

That scenario — though considered unlikely by many — is attracting attention as the outlook for the economy darkens. With ongoing pressures on smaller lenders, slowing growth and rising financing costs, the wrangling over increasing the $31.4 ...

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden insists US ‘not a deadbeat nation’ as risk of debt default loomsPresident meets key congressional leaders this week in bid to resolve impasse over raising debt ceiling amid fears Washington could run out of money within a month
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

US debt default, buying houses for staff, and the return of push buttonsBusiness Today: the best news, analysis and comment from The Irish Times business desk
Source: IrishTimes - 🏆 3. / 98 Read more »

US debt stand-off could cause a backlash against BidenDemocrats are seeking ways to get around a potential Republican-triggered default that could lead to a global recession and the loss of eight million US jobs
Source: businessposthq - 🏆 8. / 71 Read more »