In yesterday’s post I profiled my thinking on the big-picture outlook for estimating the risk associated with the debt-ceiling battle that’s brewing in Washington. To round out this analysis I’m going to dig into some of the details in pursuit of a clearer view on how this potential crisis may unfold.
Daily Archives: April 19, 2023
Macro Briefing: 19 April 2023
* Atlanta Fed’s Bostic: one more rate hike and then a hold ‘for quite some time’
* China’s shrinking population has implications for the global economy
* World’s first tax on imports based on greenhouse gases approved in EU
* About 27% of Americans nearing retirement have no savings
* Meta will conduct another mass round of layoffs at Facebook, Instagram
* Atlanta Fed’s GDPNow model estimates US growth for Q1 was solid 2.5%
* US housing starts pull back in March, close to three-year low:
