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As Debt Ceiling Threat Looms, Wall Street and Washington Have Only Rough Plans

The New York Times – Business:

A default would most likely rattle markets and carry big risks, no matter how the Federal Reserve and Treasury try to curb the fallout.

Jeanna Smialek
Author: Jeanna Smialek

This post first appeared in The New York Times – Business. Read the original article.

Written by

Jeanna Smialek

in

Federal Budget (US), Federal Reserve System, Government Bonds, National Debt (US), Stocks and Bonds, Treasury Department, United States Economy, United States Politics and Government
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