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US debt-ceiling crisis causing global economic ‘anxiety’ – IMF ...News
The global financial system will be plunged into uncertainty unless lawmakers agree a deal, the head of the agency warns The managing director of the International Monetary Fund (IMF) Kristalina Georgieva has criticized Washington’s ongoing debt-ceiling impasse between the Biden administration and top Republican figures, saying a US default would have a significant ripple effect on the world’s economic prosperity. “The US Treasury market is the anchor of stability for the global financial system,” Georgieva said at a press conference on Friday following the IMF’s Article IV consultation with US economic figures. “
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