29th May 2023

  • Biden, McCarthy Voice Confidence Debt Deal Will Pass in Time

President says he expects McCarthy has enough votes in House

Deal caps spending, cuts IRS budget, expedites pipeline

https://blinks.bloomberg.com/news/stories/RVE7JNT0G1KW

  • Fed’s Mester Says ‘Everything’ on the Table for June Rate Action

Cleveland Fed chief says ‘more work to do’ to cool prices

Says she will assess upcoming readings on jobs, CPI closely

https://blinks.bloomberg.com/news/stories/RV9UZDDWRGG0

  • Debt Deal Adds Brake on US Economy Already at Risk of Recession

Fed policy makers have fresh consideration for rate outlook

Federal government has been support for GDP in recent quarters

https://blinks.bloomberg.com/news/stories/RVE80EDWRGG0

  • Fed’s Goolsbee Warns US Default ‘Extremely Negative’ For Economy

Chicago chief says markets already feeling debt-impasse effect

Goolsbee: Too soon to say what Fed should do at June meeting

https://blinks.bloomberg.com/news/stories/RV9R5HDWX2PS

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