Goldman Sachs no longer sees US government shutdown in 2023
Banking And Finance,Goldman Sachs,Government Shutdown,Congress,Economy And Jobs,Government Funding
Goldman Sachs on Monday released an analysis finding that a government shutdown before the end of the year is unlikely β although it remains a possibility early next year, given that lawmakers may opt for a short-term funding bill.
Economists at Goldman Sachs were previously forecasting a two- to three-week shutdown in this quarter, during which Congressβ current Nov. 17 funding deadline falls. They now see a shutdown this year as unlikely due to Congress grappling with geopolitical challenges and the new leadership in the House of Representatives after Republicans elected Speaker Mike Johnson, R-La.
"With new geopolitical risks and aβ¦
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