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More Banks May Collapse If Fed Continues Raising Interest Rate, Analysts Say

March 15, 2023

More banks could face the fate of Silicon Valley Bank (SVB) if the US Federal Reserve continues raising interest rates in order to stop runaway inflation, experts told Sputnik.

United States John Bugnacki Eric Tymoigne Marshall Auerback Paul Volcker Joe Biden

Source: sputniknews.com

US Debt Ceiling Outserved Its Purpose, Can Be Abandoned To Stimulate Growth - Experts

January 25, 2023

The idea of a debt ceiling in the United States is a relic of the past that is detrimental to the countrys economic growth and should be abolished, experts told Sputnik.Earlier this month, US Treasury Secretary Janet Yellen warned that the US will soon reach its outstanding debt limit, with the US ..

United States White House District Of Columbia Liberty Bond Janet Yellen Eric Tymoigne

Source: urdupoint.com

US Debt Ceiling Outserved Its Purpose, Can Be Abandoned to Stimulate Growth

January 25, 2023

The idea of a debt ceiling in the United States is a relic of the past that is detrimental to the countrys economic growth and should be abolished, experts told Sputnik.