How does the US Debt Crisis Affect the Price of the Dollar in Peru? Insights from Economists.

2023-06-01 00:18:44 The White House and the leaders of Congress are running against time to guarantee its approval this week, to avoid a “catastrophic default”, but how does this situation in the country of Uncle Sam affect the price of the dollar in Peru. Gestión.pe He spoke with a specialist who gave us insights into … Read more

“US House of Representatives suspends debt ceiling temporarily to prevent national bankruptcy and maintain economic stability”

2023-06-01 02:00:00 Washington After weeks of arguing about the record deficit in the United States, the US House of Representatives decided to temporarily suspend the debt ceiling. On Thursday night, the Chamber of Congress voted 314 votes in favor of a legislative package that would overturn the debt limit for two years and at the … Read more

“US Debt Ceiling Negotiations: Updates on Possible Agreement Between Democrats and Republicans”

2023-05-26 16:42:35 Joe Biden (r) and Kevin McCarthy, Speaker of the House Biden’s Democrats need the support of Republicans to reach an agreement. (Photo: dpa) Washington Negotiators have “made progress” in negotiations to raise the US debt ceiling days before the country’s looming default. But there is still work to be done, Republican House Speaker … Read more

Former Fed Economist: The Fed’s policymaking is limited by the U.S. debt ceiling and the suspension of interest rate hikes will encounter problems

2023-05-26 10:35:15 In the early hours of May 25, Beijing time, the Federal Reserve released the minutes of its May monetary policy meeting. The minutes showed that Fed officials agreed that inflation was still too high and that the rate of decline was slower than expected. Fed officials were divided on whether to pause interest … Read more

Gold closed lower supported by optimism about the US debt ceiling talks

2023-05-25 23:33:49 AFP Gold futures fell at the close of trading Thursday, May 25, as optimism about US debt ceiling talks reduced safe-haven demand, and strong economic data fueled Federal Reserve bets to raise interest rates again. Upon settlement, gold futures fell by 1.1%, or $20.90, to $1,943.70 an ounce. Republican House Speaker Kevin McCarthy … Read more

“US Treasury Secretary Janet Yellen Says Potential Default Looms as Debt Ceiling Deadline Approaches”

2023-05-24 14:44:00 agencies Wednesday, May 24, 2023 05:44 PM US Treasury Secretary Janet Yellen said on Wednesday that the date for the potential US default on its financial obligations, if the debt ceiling is not raised, is still June 1. She added during an event organized by the Wall Street Journal that she would soon … Read more

“U.S. Debt Ceiling Deal and Market Volatility: Latest Updates and Analysis”

2023-05-22 03:55:40 Install the Sina Finance client to receive the most comprehensive market information at the first time→【Download Address】 Investors are bracing for rising foreign exchange volatility and falling stock markets as the U.S. debt ceiling deal struggles. The dollar edged lower against most major currencies during Asian trading hours on Monday, as market participants … Read more