House Speaker Kevin McCarthy and GOP leaders unveiled a bill that, in theory, temporarily solves the debt-ceiling crisis that’s brewing. In practice, the path ahead is probably no less complicated and risky than it’s been in recent months.
Daily Archives: April 20, 2023
Macro Briefing: 20 April 2023
* House Speaker McCarthy unveils debt-limit plan
* Treasury Sec. Yellen will call for better US-China relations in speech today
* New York Fed president outlines his support for another interest rate hike
* Record temperatures for 2023 are a possibility, climate scientists predict
* Bank of America CEO predicts a mild recession is coming
* Businesses report tougher access to credit, according to Fed’s Beige Book
* Policy-sensitive 2-year Treasury yield rebounds to 5-week high:
