GOP debt negotiators : White House is not being reasonable.As Powell speaks, negative headlines are coming out about the debt ceiling talks. Punchbowls Sherman says:
- Debt limit talks between White House and House Republicans have been paused
- Not one issue but multiple issues have proven problematic
Political posturing or real problems?
No follow-up talks are scheduled.
The comments seem to be more impactful vs the comments from Fed Powell.
- Dow industrial average is now down -108 points.
- The S&P is down -9 points and the
- NASDAQ index is down -34 points
- Gold is lower.
- The USD is lower
This article was written by Greg Michalowski at www.forexlive.com.
Source: GOP debt negotiators : White House is not being reasonable. (https://www.forexlive.com/news/gop-debt-negotiators-white-house-is-not-being-reasonable-20230519/)
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