U.S. Treasury lowers Q4 debt issuance forecast, projects increased borrowing in Q1 2025.
The U.S. Treasury has adjusted its debt issuance forecast, lowering borrowing estimates for the current quarter while projecting a significant increase in Q1 2025. It anticipates raising $823 billion then, assuming an $850 billion cash balance to prevent a debt ceiling crisis. For December 2024, borrowing is expected to be $546 billion, a $19 billion reduction from earlier estimates, influenced by improved economic conditions and spending adjustments.
3 months ago
5 Articles
Further Reading
You have 9 free stories remaining this month. Subscribe anytime for unlimited access.