On the recordMarch 6, 2023
Congress really needs to raise the debt ceiling--that is the only way out.
Source
congress.govEditor's note · Context
Powell emphasizes the necessity of raising the debt ceiling to avoid economic consequences.
Share
More from Jerome Powell
Oct 14, 2025
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
Oct 14, 2025
Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy
Other voices in this conversation
