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No Progress on Sequestration Talks

House Speaker John Boehner reported no progress from what he called a “polite” though “very frank” meeting with President Barack Obama over the automatic spending cuts known as sequestration.

“I don’t think anyone quite understands how it gets resolved,” said Boehner, speaking on NBC’s ‘Meet the Press.”

Boehner, who met March 1 with Obama and other congressional leaders, blamed Democrats for the impasse over the “silly” cuts. He also said Republicans will hold firm in their demands for cuts in entitlement spending.

Bloomberg [1]

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Mingze Wu

Mingze Wu [6]

Currency Analyst at Market Pulse [7]
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu
Mingze Wu

+Mingze Wu [10]