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GOP debt negotiators : White House is not being reasonable.

Started by forex4you, May 20, 2023, 06:14 am

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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.

forexlive.com
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