More banks could face the fate of Silicon Valley Bank (SVB) if the US Federal Reserve continues raising interest rates in order to stop runaway inflation, experts told Sputnik.
The idea of a debt ceiling in the United States is a relic of the past that is detrimental to the countrys economic growth and should be abolished, experts told Sputnik.Earlier this month, US Treasury Secretary Janet Yellen warned that the US will soon reach its outstanding debt limit, with the US ..
The idea of a debt ceiling in the United States is a relic of the past that is detrimental to the country s economic growth and should be abolished, experts told Sputnik.
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