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How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
Posted inFederal Budget (US) Government Bonds Law and Legislation National Debt (US) Stocks and Bonds United States Economy

How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?

The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted.
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Posted by By Alan Rappeport
As Debt Ceiling Threat Looms, Wall Street and Washington Have Only Rough Plans
Posted inBanking and Financial Institutions Federal Budget (US) Federal Reserve System Government Bonds National Debt (US) Stocks and Bonds Treasury Department United States Economy United States Politics and Government

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

A default would most likely rattle markets and carry big risks, no matter how the Federal Reserve and Treasury try to curb the fallout.
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Posted by By Jeanna Smialek and Joe Rennison
The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
Posted inBudgets and Budgeting Federal Budget (US) Government Bonds Interest Rates National Debt (US) Personal Finances Stocks and Bonds United States Economy United States Politics and Government

The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.

If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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Posted by By Alan Rappeport Jim Tankersley and Jeanna Smialek
Fed President Backs Slowdown as Support Mounts for Smaller Rate Move
Posted inCollins, Susan M (1959- ) Government Bonds Inflation (Economics) Interest Rates Labor and Jobs United States Economy

Fed President Backs Slowdown as Support Mounts for Smaller Rate Move

Susan M. Collins, president of the Federal Reserve Bank of Boston, said she was leaning toward a quarter-point move at the central bank’s Feb. 1 meeting.
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Posted by By Jeanna Smialek

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