Post Profile






Trump’s shock debt ceiling deal with Democrats could affect Fed policy in unexpected ways

Donald Trump surprised political observers by caving nearly immediately to Democratic leadership on US debt ceiling negotiations, thoroughly undermining the slick deal-making persona the president tried to play up as a candidate. Yet the deal has implications for Federal Reserve policy, as noted by Paul Ashworth of Capital Economics in his latest research piece. That’s because the Fed is expected to consider an additional interest rate increase at its December meeting, just as the new three-month-delayed debt ceiling deadline comes due.
read more

share

Related Posts


Robert Reich: Let's Abolish the Debt Ceiling Altogether

News / Independent News : AlterNet

Why do we keep playing a game of chicken with the global economy? Congressional Democrats have pulled a fast one on Republicans by striking a deal with Trump to raise the federal debt ceiling only until the end of the year. This wil...

Transactionalist in Chief

Politics / US Politics : PostPartisan

Democrats may have wondered why their leaders looked so happy, almost giddy, in the Oval Office when they cut a deal with Donald Trump on the debt ceiling. Didn’t they understand they had just handed the president a chance to get hi...

Right-wing media praises Trump's deal with the Democrats and rips Republican leaders

Politics : Business Insider: Politix

President Donald Trump baffled Republican leadership on Wednesday when he spurned their proposals for raising the debt ceiling and instead decided to make a deal with Democratic leadership. But while most Capitol Hill Republicans an...

BREAKING. House Passes Trump Negotiated Hurricane Relief and Debt Ceiling Bill

US Politics / Conservative : RedState

A majority of Republicans and Democrats supported the bill. The post BREAKING. House Passes Trump Negotiated Hurricane Relief and Debt Ceiling Bill appeared first on RedState.

Conservatives Blame Ryan And McConnell For Enabling Trump’s Deal With Democrats

Humor / odd : The Sideshow

Fiscal conservatives are disappointed in President Donald Trump for cutting a deal with Democratic congressional leaders on Wednesday to keep the government running and increase the debt ceiling for just three months as part of a bi...

Comments


Copyright © 2016 Regator, LLC