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Watch: US mid-terms and the challenges still to come
New challenges and a far more limited set of options are now on the horizon for President Biden. A split Congress, less scope for fiscal support, and a looming debt ceiling showdown all signal more difficult times ahead. ING's James Knightley delves into the details
US mid-terms and the challenges still to come
A challenging outlook is emerging for US politics following the mid-term election results so far. With recession risks rising as the Federal Reserve remains set on fighting the inflation fire, it seems painful consequences could be on the cards for both the global economy and financial markets.
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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
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