First published at 20:34 UTC on May 23rd, 2024.
A Bloomberg article suggests a potential Fed rate hike in 2025 due to election-related spending. However, the real issue might be the massive U.S. debt and declining demand for U.S. treasuries, highlighted by China's significant sell-off. This …
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A Bloomberg article suggests a potential Fed rate hike in 2025 due to election-related spending. However, the real issue might be the massive U.S. debt and declining demand for U.S. treasuries, highlighted by China's significant sell-off. This shift away from the dollar is driven by geopolitical factors and countries seeking economic independence. Understanding this debt issue is crucial to anticipating its economic impact.
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