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Despite Debt Limit Agreement U.S. ‘AAA’ Rating Remains on Negative Watch
Although the resolution of the U.S. debt limit impasse allows the government to meet its obligations, Fitch Ratings maintains the Rating Watch Negative (RWN) on the U.S. rating, as we consider the full implications of the most recent brinkmanship episode and the outlook for medium-term fiscal and debt trajectories. On June 2, 2023 President Biden is expected to sign a bill passed by the Congress to suspend the debt limit until Jan. 1, 2025 in exchange for two-year caps on non-military discretionary spending, the broadening of work requirements for some government support programs, and a rescinding of some unspent ... (full story)
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From bnnbloomberg.ca|Jun 2, 2023Here are five key takeaways from the US employment report for May, released Friday. • May saw another big upward surprise in payroll gains, with employers adding 339,000 jobs ...
From xm.com|Jun 2, 2023video Policy decisions from the RBA and the Bank of Canada will be taking centre stage next week amid an otherwise light agenda. In the United States, the ISM services PMI will ...
From poundsterlinglive.com|Jun 2, 2023The odds of a June interest rate hike remain low as the latest U.S. jobs report will give the Federal Reserve reason to pause and suggests the Dollar's recent setback can extend. ...
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From scotiabank.com|Jun 2, 2023|1 commentUS job growth strongly beat consensus yet again (see table). As chart 1 shows, the pattern of serially underestimating job growth is rather unflattering to the community of ...
From bnnbloomberg.ca|Jun 2, 2023Cboe Global Markets Inc. will allow companies to list on its exchanges in the US and globally for the first time, entering a market dominated by the New York Stock Exchange and ...
From @PriapusIQ|Jun 2, 2023tweet at 2:29pm:
OPEC+ DEBATING AN ADDITIONAL OIL PRODUCTION CUT AMONG POSSIBLE OPTIONS FOR THE JUNE 4 MEETING - 3 SOURCES - Reuters News #OOTT
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- Posted: Jun 2, 2023 12:38pm
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