On the recordJune 20, 2023
the United States' Federal budget is on an unsustainable path, which means that the debt is growing faster than the economy.
Source
congress.govEditor's note · Context
Powell highlights the unsustainable growth of the U.S. Federal budget and debt.
Share
More from Jerome Powell
Jul 1, 2025
We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
Oct 14, 2025
without the ability to pay interest on reserves, the Fed would lose control over rates
Jul 1, 2025
What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, and so do all of my colleagues, that's all we ever want.
Oct 14, 2025
the outlook for employment and inflation does not appear to have changed much since our September meeting
Other voices in this conversation
