empty

ব্যঙ্গাত্মক বর্ণনা এবং ফরেক্সের প্রবেশদ্বার বিন্যাস

US officials dismiss default fears and urge calm

US officials dismiss default fears and urge calm

US officials are urging calm over growing concerns about a potential default. However, their reassurances sound familiar, leading some to question whether such optimism is meant to soothe or distract. 

US Treasury Secretary Scott Bessent sought to strike a confident tone, stating that although the department is on a troubling path, the United States will "never default." These are bold words indeed, prompting many to recall the adage, "Never say never."

According to Bessent, the Treasury is nearing the limit of its borrowing capacity under the current federal debt ceiling. Still, he emphasized that he is closely monitoring the situation and will notify Congress when the department approaches what he calls the "X-date," the point at which the government will be unable to meet all of its obligations.

Despite mounting tensions, Bessent reiterated that the US government would neither default nor resort to "gimmicks" to get around the debt limit.

Earlier, in April, Bessent expressed concern about the ballooning national debt but reassured that a default was not imminent. Yet, many analysts remain unconvinced. Forecasts now indicate a real risk of default by mid-July 2025 unless Congress acts to raise the debt ceiling.

পিছনে

See aslo

এখন কথা বলতে পারবেন না?
আপনার প্রশ্ন জিজ্ঞাসা করুন চ্যাট.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.