UK relatively unaffected by US debt debacle

Last week's deal on the US shutdown took the unlikely, but potentially catastrophic, possibility of a US sovereign default off the table. Admittedly, a series of potential US fiscal flashpoints still lie ahead. But there are good reasons to think they could pass without much disruption. What's more, it seems likely that the UK economy has come through the latest US debt crisis unscathed. 

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.