Wall Street’s early read places debt-cap deadline in mid-2025
==========
Wall Street forecasts US debt ceiling exhaustion by mid-2025, with focus on July or August; Congress faces potential government shutdown by end of September 2024; current debt-ceiling suspension ends Jan. 1, 2025; Treasury to rely on extraordinary measures and cash reserves; Citigroup's Jason Williams predicts last-minute agreements; Bank of America estimates July deadline; Treasury expected to have over $1 trillion cash in 2025; Fed's quantitative tightening may be affected by Treasury's cash management; Fed Chair Jerome Powell to address rate policy in upcoming meeting.
#DebtCeiling #UsTreasury #Congress #FinancialMarkets #QuantitativeTightening #Citigroup #BankOfAmerica #GovernmentShutdown #CashReserves #EconomicPolicy
https://theedgemalaysia.com/node/726892
The Edge Malaysia /
npub15q…t0mcv
2024-09-17 02:38:05
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wss://relay.damus.ioPublished at
2024-09-17 02:38:05Event JSON
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"content": "Wall Street’s early read places debt-cap deadline in mid-2025\n==========\n\nWall Street forecasts US debt ceiling exhaustion by mid-2025, with focus on July or August; Congress faces potential government shutdown by end of September 2024; current debt-ceiling suspension ends Jan. 1, 2025; Treasury to rely on extraordinary measures and cash reserves; Citigroup's Jason Williams predicts last-minute agreements; Bank of America estimates July deadline; Treasury expected to have over $1 trillion cash in 2025; Fed's quantitative tightening may be affected by Treasury's cash management; Fed Chair Jerome Powell to address rate policy in upcoming meeting.\n\n#DebtCeiling #UsTreasury #Congress #FinancialMarkets #QuantitativeTightening #Citigroup #BankOfAmerica #GovernmentShutdown #CashReserves #EconomicPolicy\n\nhttps://theedgemalaysia.com/node/726892",
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