Jerome Powell said...

Our debt is growing faster than our economy by a margin. And so I think by definition that makes it unsustainable.

Powell discusses the unsustainable growth of national debt relative to the economy.

11/13/2019

More Jerome Powell Quotes

Today, the amount of the tariff effects — the size of the tariff effects, their duration and the time it will take are a...

The things that are sold at retail now might have been put into inventory before the tariffs, so we think we should see ...

The U.S. economy was in solid shape, but warned of very high uncertainty due to the impact of tariffs.

Tariffs this year are likely to push up prices and weigh on economic activity.