U.S. won’t be able to pay debt money by June 15
Chances that the U.S. will be able to pay its debt obligations by June 15 are low if the problem of the national debt is not solved.
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Janet Yellen
Yellen says that the ability of the Ministry of Finance to avoid default is running out
The United States will face a constitutional crisis if Congress fails to agree on raising the national debt ceiling
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The rate of price growth in the U.S. reached a new 40-year high
The Ministry of Labor’s consumer price index reached a new 40-year high in February. The world’s largest economy continues to suffer from a spike in inflation, which is only expected to worsen due to the effects of Russia’s invasion of Ukraine.
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