Garvey: No deal on the debt ceiling will have disastrous consequences

Author

Pressure is mounting - again - on the US Congress to come to an agreement on raising the debt ceiling. With the risk of a deeper recession and a technical default looming if there's no deal, the stakes are especially high this time around

The ‘exceptionally damaging’ consequences of no deal on the US debt ceiling debate

ING's Padhraic Garvey in New York on the financial consequences of a US default if the debt ceiling debate isn't sorted soon

Tags

US Treasury Federal Reserve Debt ceiling

Download

Download article

Padhraic Garvey, CFA

Regional Head of Research, Americas

Content Disclaimer
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more