Russia Monitoring US Economy Amid Possible Default, Says Official
Russia is closely monitoring the U.S. economy amid discussions of the U.S. government defaulting on its debt obligations. Treasury Secretary Janet Yellen said the Treasury will be unable to pay the government’s bills if Congress does not act by June 1. Russia Monitoring US Economy in Case of Debt Default Russia is closely monitoring the state of the U.S. economy as discussions of possible debt default intensify, Kremlin Spokesman Dmitry Peskov told reporters on Tuesday. “We see that the U.S. economy, just as the global economy, is currently experiencing certain problems,” Peskov was quoted by Russian news outlet Tass as saying. “Inflation expectations continue staying at a rather high level,” he stressed, adding: Certainly, we are keeping a close eye on all that. All our fiscal agencies. The United States is currently facing a debt ceiling crisis. Treasury Secretary Janet Yellen warned on Monday that the Treasury Department will not be able to pay all of the government’s debt o