Yearly Archives: 2023
Optimism Showed About Debt Ceiling Between Biden and McCarthy

Written on May 22, 2023 at 5:04 am, by lishitong
House Speaker Kevin McCarthy was optimistic that congressional negotiators could reach a deal to raise or suspend the debt ceiling in time. The focus on resolving the debt limit issue overshadowed macroeconomic data as the June 1 deadline approached. McCarthy’s positive outlook came after a meeting at the White House and the involvement of trustedContinue Reading
Dollar Surges On Positive Data And US Debt Ceiling Deal

Written on May 19, 2023 at 6:10 am, by lishitong
Optimism In The Markets Has Seen The US Dollar Index And Equities Rising In Tandem The Dollar Index surged, buoyed by upbeat economic data, and the optimism surrounding a potential deal to raise the US debt ceiling. Prominent Republican Kevin McCarthy expressed confidence in passing a bill to increase the debt ceiling, surpassing previous progress.Continue Reading