Federal Reserve’s Jerome Powell “Very Worried” About Massive U.S. Debt

Author : Sunil Kumar   1 week ago  

Jerome Powell said today that the Federal Reserve has no choice but to face the mounting U.S. debt balance. That negative balance is now $21.9 trillion. The annual U.S. deficit has reached sustained highs of over $1 trillion. Speaking at The Economic Club of Washington, D.C today Powell said: “I’m very worried about it.”

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