Fed Chair Jerome Powell Says US On ‘Unsustainable Path’ Amid Massive Deficits, Calls for Solution Sooner Than Later

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Fed Chair Jerome Powell Says US On ‘Unsustainable Path’ Amid Massive Deficits, Calls for Solution Sooner Than Later

02/07/2024 7:05pm

The Daily Hodl

Fed Chair Jerome Powell says the US is on an unsustainable fiscal path and that it should be a “top-level issue.” In a new discussion at the ECB Forum on Central Banking in Sintra, Portugal, Powell says that the US is running a “very large” deficit that needs to be addressed – ideally sooner rather […]

The post Fed Chair Jerome Powell Says US On ‘Unsustainable Path’ Amid Massive Deficits, Calls for Solution Sooner Than Later appeared first on The Daily Hodl.

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The post Fed Chair Jerome Powell Says US On ‘Unsustainable Path’ Amid Massive Deficits, Calls for Solution Sooner Than Later appeared first on The Daily Hodl.