"Powell Warns of Unsustainable U.S. Fiscal Path"
Federal Reserve Chairman Jerome Powell publicly stated that the U.S. fiscal path is "unsustainable," expressing concerns about rapidly rising debt levels. Powell emphasized the need to address this issue sooner rather than later. The statement raises questions about bondholders, credit agencies, and opponents' perceptions. While Powell's stance on the fiscal path was previously unknown, his remarks now bring attention to the problem. The article calls for action and discussion to address the unsustainable fiscal path and urges investors to raise awareness and question policymakers.