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FED Chair Goes Rogue Says the National Debt Poses a Long-term Threat to the Economy

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the staff of the Ridgewood blog

Washington DC, the FED Chair goes rogue during an interview for 60 Minutes, Federal Reserve Chair Jerome Powell underscored the urgency of addressing the United States’ escalating national debt, which currently stands at over $34 trillion and continues to rise. Powell emphasized the unsustainable fiscal trajectory of the U.S. federal government, noting that the debt is growing at a faster pace than the economy.

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