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there is a roughly one in four chance that the us will hit the so called x date, when the us government runs out of money to pay its bills without a deal to raise the debt limit. that is according to the banking giantjp morgan chase. and they say the odds are getting worse. that forecast comes after house speaker kevin mccarthy said on wednesday that he thought progress could be made, but warned the two sides remain far apart. republicans are warning that any deal must cut future federal spending in exchange for raising the debt ceiling a red line for the white house. on wall street, us stocks fell as investors have been watching these talks closely for any sign of an agreement. and even if a deal is done in time, economists say that depending on the details, cuts to government spending are likely create economic headwinds that could bring down inflation a possible silver lining for the federal reserve, which has been raising interest rates to fight inflation. fed o ....
has the latest from new york. there is a roughly one in four chance that the us will hit the so called x date that s when the government runs out of money to pay its bills without a deal to raise the debt limit. that is according to the banking giantjp morgan chase. and they say the odds are getting worse. that forecast comes after house speaker kevin mccarthy said on wednesday that he thought progress could be made, but warned that the two sides remain far apart. republicans are warning that any deal must cut future federal spending in exchange for raising the debt ceiling a red line for the white house. republicans are demanding that any deal must cut future federal spending in exchange for raising the debt ceiling a red line for the white house. on wall street, us stocks fell as investors have been watching these talks closely for any sign of an agreement. and even if a deal is done in time, economists say that depending on the details, cuts to government spe ....
About the strike and where negotiations stand in just a moment. Meanwhile on Capitol Hill Congress is divided on how to avoid a Government Shutdown with the house and senate pursuing two very different courses on a funding solution. And also ahead, one of the most influential democrats in congress is calling for senator bob menendez to resign following his indictment on bribery charges. Well show you what the new jersey democrat had to say about the piles of cash hidden around his home. Good morning and welcome to Way Too Early on this tuesday, september 26th. Im jonathan lemire. Thanks for starting your day with us. Well begin this morning with new nbc news polling that shows that americans think republicans ar better than democrats at handling most key issues. According to the latest survey registered voters ....
Inflation a possible silver lining for the federal reserve, which has been raising interest rates to fight inflation. fed officials are still debating whether to raise interest rates or hold them steady when they meet injune. that was michelle fleury reporting. the debt ceiling brinkmanship has resulted in the credit rating agency, fitch, placing the us triple a status the debt ceiling brinkmanship has resulted in the credit rating agency, fitch, placing the us triple a status on ratings watch negative. fitch said the increase reflects the political partisanship that is hindering the resolution to raise or suspend that debt limit. two months after buying a failed lender. according to an e mail sent by the chief executive to all employees on wednesday, the lay offs do not include positions which are ....
Rates to fight inflation. fed officials are still debating whether to raise interest rates or hold them steady when they meet injune. that was michelle fleury reporting. the debt ceiling brinkmanship has resulted in a credit rating agency, fitch, placing the us triple a the debt ceiling brinkmanship has resulted in the credit rating agency, fitch, placing the us triple a status into negative territory. fitch said the increase reflects the political partisanship that is hindering the resolution to raise or suspend that debt limit. let us move to the latest fed minutes. the us central bank are still undecided on the outlook for interest rate increases. the aggressive rate hikes in the us last year had put pressure on central banks in the region to keep up. so what does this latest fed minute mean for interest rates in asia? i spoke to diana mousina, deputy chief economist at australia s amp. earlier, she said that we are ....