Reported 8 months ago
Federal Reserve Chair Jerome Powell has raised concerns about the unsustainable trajectory of the U.S. national debt, currently at $35 trillion, following the recent surge in the stock market after Trump's election. He warned that growing budget deficits pose a potential threat to the economy. While investors are currently optimistic, they may need to prepare for future risks as Powell suggests that fiscal policies are not on a sustainable path.
Source: YAHOO