Express
Fed Chair Powell: US Federal Fiscal Path Unsustainable
Summary: In a recent statement, Federal Reserve Chair Powell expressed concerns that the US federal fiscal path is unsustainable. While the debt level may be sustainable, the path is not. Due to the unsustainable growth trajectory of debt, it must be addressed promptly.
In a recent statement, Federal Reserve Chair Powell expressed concerns that the US federal fiscal path is unsustainable. While the debt level may be sustainable, the path is not. Due to the unsustainable growth trajectory of debt, it must be addressed promptly.