The government has avoided default, but the effects of the debt-ceiling brinkmanship may still ripple across the economy.
Tag: Banking and Financial Institutions
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World Bank Projects Weak Global Growth Amid Rising Interest Rates
A new report projects that economic growth will slow this year and remain weak in 2024.
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Threatened by a Default, Treasuries Retain a Paradoxical Appeal
Treasuries have been threatened by a possible U.S. debt default, yet they remain more attractive than just about everything else, our columnist says.
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India Will Scrap 2,000 Rupee Notes, Echoing 2016 Demonetization
The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.
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Debt Ceiling Crisis: How a Default Could Unfold
Here’s a look at what markets are expecting and planning for, and how a default might happen.