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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio ‘Reducing shutdown risk’

4 min • 8 januari 2024
In the US, the official leaders of Congress have agreed to a spending limit. This reduces the risk of a government shutdown although no legislation has been passed and details still need to be agreed. The spending limit has been denounced by the hard right Freedom Caucus, which presents a challenge for House Speaker Johnson. When another Republican leaves the House on 21 January, the Republicans will hold 219 seats to the Democrats’ 213.
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