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Goldman Sachs says if the US debt limit agreement passes Congress it trims GDP slightly

The debt limit agreement ICYMI:The US debt ceiling deal is done. Here are the detailsAnd, responses.follow-ups:Weekend - Fed's Goolsbee welcomed news of a deal on US debt ceilingUS President Biden is delivering remarks on the debt limit agreement - "Good news"Goldman Sachs assesses that if the deal passes Congress by June 5, which means the US avoids a default, the reduction in federal spending would trim US GDP by just 0.1% next year.Other analysts, Moody's for example, say the timing of the ma... Read More

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Goldman

Sachs

Says

Debt

Limit

Agreement

Passes

Congress

Slightly

Forex

Posted: May 29 2023, 02:11

Author Name: forexlive

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