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TD sees a US government shutdown as inevitable: when, not if
TD says that the question of a US government shutdown appears to be ‘when’ rather than ‘if’ at this stage.If legislation on the House floor does not make ample headway by the end of the week, the most likely scenario will be a temporary shutdown. Even if Congress manages to pass a last minute short-term continuing resolution, shutdown risk will remain on the table in Q4. Estimates suggest a shutdown that lasts for one month could shave 0.2pp or slightly more from GDP growth, but such long govern...
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Posted: Sep 20 2023, 22:14
Author Name: forexlive
Views: 112551