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Cross Weekly
Negotiations on debt-limit resumed on Sunday ahead of a meeting on Monday between US President, Joe Biden, and House Speaker, Kevin McCarthy with the latter commenting that the outcome was “productive” click here to download the PDF file ...
The Fed hiked its Funds Rate by 25bps but signalled that it may pause soon Powell stated the change in forward guidance as meaningful, and highlighted how the banking turmoil have tightened credit conditions for households and businesses, which helps...
The Fed hiked its Funds Rate by 25bps but signalled that it may pause soon Powell stated the change in forward guidance as meaningful, and highlighted how the banking turmoil have tightened credit conditions for households and businesses, which helps...
The United States has a legislative limit on the amount of debt that can be incurred by the US Treasury As the US has run a fiscal deficit for many years, the debt ceiling has been consistently raised over the years, with the last drama around this i...
JPMorgan has agreed to acquire most of First Republic Bank’s assets and all of its deposits after the failed bank was closed down by the FDIC over the weekend This makes JPMorgan the US’ largest bank as it exceeds the 10% cap on all American depo...
The White House has asked South Korea not to fill China’s chip shortfalls if Beijing bans Micron from selling chips in China click here to download the PDF file ...