The US hit the debt ceiling, what next?
The Financial Exchange Show - En podcast af The Financial Exchange Network
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Chuck Zodda and Mike Armstrong discuss the steps the government can take to avoid a catastrophic default and what happens next. The Fed's 'Beige Book' finds the economy is holding steady, but growth will be limited. Fed officials are split on how high the next rate hike should go. The labor market is missing low-wage workers in high cost sectors.
