Powell: There is downside risk to economy if no further gov't support

Author: Adam Button | Category: Central Banks

Powell has made this point before

The update today is that Congress looks like it will go on recess after the government funding bill passes. The Senate will return for a vote on the Supreme Court but that's it.

The chance of passing something in the lame duck session isn't great either. Given all that, I see some serious economic headwinds for the US in the next six months.

For bank trade ideas, check out eFX Plus
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose