Is the United States headed for a debt crisis? ...Middle East

If Hollywood decided to make a movie based on one of Aesop's fables, "The Boy Who Cried Wolf," it could easily cast Jerome Powell in the lead role.Once again, the markets overlooked the Fed Chairman's remarks about the possibility of raising interest rates, instead focusing on rate cuts.As a result, stock indices such as S&P 500 and Nasdaq Composite turned green and ten-year government bond yields fell below 4.7%. It seems that everyone is finally convinced that the rate hike cycle has ended.But why does no one seem to think about the risks of maintaining a restrictive monetary policy for a prolonged period? What about the threat of new bankruptcies and defaults?For instance, 2022 saw 16 bil

Read More Details
Finally We wish PressBee provided you with enough information of ( Is the United States headed for a debt crisis? )

Also on site :

• Ukrainian teachers told to pretend they can’t speak Russian
• Couple Bring Cat To Vet, Realize Something Heartbreaking Once They Arrive
• Kylie Jenner’s Stunning European Vacation Snapshots Are Giving Us Major Life Goals Envy