Powell: ‘The US is on an unsustainable fiscal path’
“The United States is on an unsustainable fiscal path,” Federal Reserve Chairman Jerome Powell said in a 60 Minutes interview with Scott Pelley released Sunday. “The U.S. federal government is on an unsustainable fiscal path. And that means debt is growing faster than economic growth. So it’s unsustainable. That’s the argument. I don’t think there’s […]