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

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 […] source: https://dailyhodl.com/2024/07/02/fed-chair-jerome-powell-says-us-on-unsustainable-path-amid-massive-deficits-calls-for-solution-sooner-rather-than-later