IMF: Serious consequences if the US Lawmakers don't reach consensus on US debt limit
Edited By WION Video Desk
Published: May 11, 2023, 19:50 IST | Updated: May 11, 2023, 19:50 IST
The US debt limit standoff makes the world nervous as IMF asks the Republicans and the Democrats to come to a consensus as delaying it would lead to serious consequences especially is US ends up defaulting. It might further lead to higher interest rates and broader instability.
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