Economist Predictions: Federal Reserve Signals Pause on Rate Hikes Amid Debt Ceiling Suspension

The post Economist Predictions: Federal Reserve Signals Pause on Rate Hikes Amid Debt Ceiling Suspension appeared first on Coinpedia Fintech News On Wednesday, the U.S. House of Representatives managed to secure the backing of both Democrats and Republicans, successfully passing a bill that seeks to temporarily suspend the $31.4 trillion debt ceiling. This legislation removes the borrowing limit of the federal government until January 1, 2025. With the Federal Reserve nearing its upcoming decision on whether …