The Treasury Department announced a lower-than-expected estimate of its federal borrowing for the final quarter of 2023. Wall Street fears of a snowballing fiscal crisis can rest easy, at least for a minute.
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October 30, 2023
Treasury revenues beat expectations, calming some fiscal fears
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Washington gets a killer GDP report as storms loom
The Commerce Department reports that American GDP grew by 4.9% over the summer, a roaring finish that would have been hard to imagine a month or two ago.
FY2023 federal deficit clocks in at $1.7 trillion
Scorching jobs report sends markets down, bond yields up
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Presented by Cencora
From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more