Fed Chair Powell Warns US Debt Path ‘Not Sustainable’ as Iran War Strains Global Markets

Federal Reserve Chair Jerome Powell warned a Harvard economics class on Monday that the United States’ $39 trillion national debt is on a trajectory that “will not end well” — remarks that landed as foreign central banks accelerate a historic sell-off of US Treasuries in the wake of the Iran war. “The level of the […] The post Fed Chair Powell Warns US Debt Path ‘Not Sustainable’ as Iran War Strains Global Markets appeared first on the deep dive.