US Economics Weekly_ Another fiscal scramble
2025-02-25 02:06
February 21, 2025 01:19 PM GMT US Economics Weekly | North America Another fiscal scramble The deadline is approaching for a potential government shutdown. We expect a shutdown would lead to ~0.1pp per week direct drag on quarterly annualized real GDP growth, but this should reverse once the shutdown ends. The debt ceiling will also be topical for QT. Key Takeaways Exhibit 1: Upcoming fiscal deadlines | Date | Action needed | Votes required | Consequence if not | | --- | --- | --- | --- | | March 14 | Conti ...