As the U.S. government shutdown moves into a third day, analysts at Bank of America Merrill Lynch say three pressure points must be triggered to snap politicians out of the gridlock.
Washington was officially shut down for the first time in 17 years on Tuesday after Democrats and Republicans failed to come to an agreement on renewing the federal budget into the new year, sending around 800,000 government workers home without pay.
“We are looking for three pressure points to induce a return to common sense in Washington,” said Ethan S. Harris, global economist at BoAML.
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