HomeFederal Reserve's Jerome Powell "Very Worried" About Massive US DebttbdFederal Reserve's Jerome Powell "Very Worried" About Massive US Debt

Federal Reserve's Jerome Powell "Very Worried" About Massive US Debt

Wall Street legend Jeffrey Gundlach warned in December that the federal reserve appeared to be on a “suicide mission” to be raising interest rates at the same time as U.S. debt is increasing. An expanding deficit can often be a signal for the federal reserve to lower interest rates, instead of potentially compounding a problem.

Banker and author Satyajit Das questioned in April 2018 if in fact the process of normalization after years of quantitative easing to counter recession could “set off a debt bomb.” Das wrote:

Learn More:
https://www.ccn.com/federal-reserves-jerome-powell-very-worried-about-massive-u-s-debt/

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