September 28, 2023 – Chief Economist and Managing Director, Jeanette Garretty appeared on Bloomberg Daybreak: Asia to discuss the prospect of a federal government shutdown and the economic implications. “I’m quite concerned about what the impact might be on interest rates, especially if there’s a change in credit ratings or of a change in credit ratings,” says Garretty. “Right now, the movement upwards in treasury rates over the last very short period of time a week is really presenting, I think, some problems for equity markets and this would not help things.” Watch here: https://tinyurl.com/5a66sza8
