debt Archives - Page 2 of 5 - Global Banking Monitor

Goldman Sachs Decreases US Recession Probability to 25% Following Debt Deal

Goldman Sachs Group Inc. lowered its estimate of the odds of a US recession over the next 12 months to 25% based on waning...

Mauritius Projects Decrease in Debt, Targeting 60% of GDP Pre-2030

Mauritius’ public sector debt could fall to the pre-pandemic level of 60% of gross domestic product by 2030 as the economy grows and the...

Carvana Scraps $1 Billion Debt Swap as Creditors Refuse to Agree

Carvana Co. canceled a $1 billion debt swap after a group of creditors refused to exchange their notes, posing a challenge as the used...

Fitch Retains Negative Outlook for U.S. Credit Rating Despite Debt Limit Resolution

The United States' "AAA" credit rating will remain on negative watch, despite a debt limit agreement that will allow the government to meet its...

US Treasury Utilizes More Than 90% of Special Measures to Manage Debt Limit

The US Treasury had just $33 billion of extraordinary measures left to help keep the government’s bills paid as of May 31, the department...

Debt ceiling issue resolved, investors now face the next challenge

The tentative debt ceiling deal between President Joe Biden and Speaker Kevin McCarthy is a much welcomed way for investors to return from the...

African Economies’ Debt Outlook Uncertain, Says World Bank Economist

The outlook for Africa's debt sustainability remains "cloudy" as low growth and high inflation challenge the stability of many economies across the continent, the...

Analysts Warn of Lingering Risks for China Amid US Debt Ceiling Crisis, Despite Prospects of a Deal

A tentative deal between the White House and Republicans to raise the US debt ceiling could bring temporary relief to the global financial market...

Fed’s Goolsbee Optimistic: U.S. Debt Ceiling Deal Prevents ‘Extremely Negative’ Consequences

Chicago Federal Reserve Bank President Austan Goolsbee on Sunday welcomed news of a deal to suspend the U.S. debt ceiling, saying failure to forge...

Short-Term Market Relief Anticipated from Debt Deal, but Long-Term Concerns Persist

Good news of a tentative deal for the U.S. debt ceiling impasse may quickly turn out to be bad news for financial markets. U.S. President...

Bond traders widen their focus to potential risks beyond the debt ceiling

Bond investors are beginning to look beyond the debt-ceiling quagmire even as Treasury Secretary Janet Yellen’s warnings about when the US will run out...

Treasury Secretary Yellen sets June 5 as final day to raise debt ceiling

U.S. Treasury Secretary Janet Yellen on Friday set a deadline for raising the federal debt limit, saying the government would default if Congress does...

Fed Interventions Gain Spotlight as US Faces Impending Debt Deadline and Default Risk

Evidence that Federal Reserve policymakers recently discussed potential interventions in markets after any default by the US Treasury is reviving analysis of the central...

IMF Calls on US to Increase or Suspend Debt Cap, Warns of Avoidable Risks

The International Monetary Fund urged the US to immediately raise or suspend its debt limit, and warned that getting “stubbornly high” inflation back to...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: debt