White House warns that failing to increase the debt limit could cause a recession - Reuters reports, citing WH's fact sheet

Market news

17 September 2021

White House warns that failing to increase the debt limit could cause a recession - Reuters reports, citing WH's fact sheet

Could lead to cuts in critical state services
Economic growth would falter, unemployment would rise, and labor market could lose millions of jobs

USD/CAD: Workable majority in Canadian parliament to help the loonie to benefit from good fundamentals - ING

U.S. consumer sentiment index rises slightly less than expected in early September

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