Powell: ‘The US is on an unsustainable fiscal path’

Powell: ‘The US is on an unsustainable fiscal path’

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Federal Reserve Chair Jerome Powell said “the U.S. is on an unsustainable fiscal path” in a “60 Minutes” interview with Scott Pelley released Sunday. “The U.S. federal government’s on an unsustainable fiscal path. And that just means that the debt is growing faster than the economy. So, it is…

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