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PIMCO Washington Watch: Shutdown Even More Likely After Downgrade

PIMCO Washington Watch: Shutdown Even More Likely After Downgrade
ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.

Libby cantrillWhile the senateManaging directorHouse republicansHouse freedom caucus

The new inflation politics

Many prices are still rising, and annual headline inflation — which includes food and energy — is still at 4 percent.

United statesWhite houseDistrict of columbiaJerome powellTommy tuberviller alaZach warmbrodtKamala harrisJared bernsteinAyanna pressleyJpmorgan michael feroliStifel brian gardnerSam suttonLibby cantrillJoe bidenPatrick mchenryKarl haddeland

The new inflation politics for Biden

While the Consumer Price Index tracks everything from cars to telephone plans, food and fuel prices are what matter the most to American consumers.

United statesWhite houseDistrict of columbiaJoe bidenStifel brian gardnerLibby cantrillJerome powellMichael feroliGeorge washington university professor sarah binderFederal reservePresident joe bidenConsumer price indexNew york fedBrian gardnerFed chair jerome powellGeorge washington university professor sarah

Pimco: Debt ceiling deal is like passing a kidney stone

Pimco: Debt ceiling deal is like passing a kidney stone
fortune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fortune.com Daily Mail and Mail on Sunday newspapers.

United statesWhite houseDistrict of columbiaKevin mccarthyJanet yellenJeremy siegelHakeem jeffriesKarine jean pierreLibby cantrillUniversity of pennsylvania wharton schoolSecretary janet yellenFinancial timesWall streetWharton schoolHouse speaker kevin mccarthyGarret graves

Here s what could happen in markets if the U S defaults : NPR

Investors are still hopeful that lawmakers will clinch a deal to raise or suspend the debt ceiling. That's because failure to do so could have devastating consequences in markets.

Capitol hillDistrict of columbiaUnited statesCity ofUnited kingdomLibby cantrillSeema shahDavid guraFederal reserveTreasury departmentWall streetPrincipal asset