The Fed's Uncertainty on the Debt Ceiling

markets might spend that blackout period next week dealing with a significant uncertainty regarding the June decision as there have been quite a mixed amount of views on the Fed. Mohammed Arrian: I think this Fed will hike because it is overly data dependent and the data clearly, short-term data clearly says hike even though your measures, your policy measures have a lag in terms of effects. Paul Krugman: The US debt is very high by our own historical standards. But it's not that high compared to what a lot of other countries have experienced over the years without any kind of crisis. So you say $31 trillion, and you do your best, Dr. Keynes said. And I think we're close