One-in-four chance US will hit debt ceiling X-date
The odds of passing the X-date without an increase in the debt is around 25% and rising, according to JPMorgan.
There’s a roughly one-in-four chance that the United States will hit the so-called X-date — at which the U.S. government runs out of cash — without a deal to raise the debt limit, and the odds are getting worse, according to JPMorgan Chase & Co.
“We still think the most likely outcome
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