Jerome Powell: “I think the United States Federal budget is on an unsustainable path.”

On the recordJuly 9, 2019

I think the United States Federal budget is on an unsustainable path.

Said by

Republican · District of Columbia

Source

Powell expresses concern over the unsustainable growth of federal spending compared to the economy.

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We may approach that point in coming months

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It is not a foregone conclusion

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If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.

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we don’t take into consideration political factors

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