Make no mistake, the risk is real. Treasury Secretary Janet Yellen said Friday that the US will “have to default on some obligation” if Congress doesn’t raise debt limit. It’s just equity investors don’t seem to care.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half