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  • Treasury says it won’t run out money until at least June 5, buying time for debt ceiling talks

    From cnbc.com

    Treasury Secretary Janet Yellen said Friday that the United States will likely have enough reserves to push off a potential debt default until June 5. The new date Friday provided some much needed breathing room to negotiations between the White House and congressional negotiators that appeared to be closing in on a compromise agreement Friday to raise the debt ceiling for two years. The last time the so-called “X date” was updated was on May 1, when Yellen told Congress the United States had enough cash available to meet its obligations until “early June, and potentially as early as June 1.” Markets closed ... (full story)

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  • May 27, 2023 4:37am May 27, 2023 4:37am
  •  Ferna
  • Joined Dec 2022 | Status: Member | 132 Comments | Online Now
It aint over until the fat lady sings.
Memories is all that remains…
 
 
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  • May 27, 2023 6:02pm May 27, 2023 6:02pm
  •  Pipper64
  • | Joined Jul 2016 | Status: Member | 125 Comments
What a bunch of Wankers running the Fed, keeping the world focused on a load of bullshit when they already know that they will kick the can down the road again.
 
 
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  • Posted: May 26, 2023 9:34pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 2  /  Views: 1,369
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