US Federal Debt on Unsustainable Path, No One Knows How Much Further It Can Go – Powell

NAMPA / Sputnik

2025-04-16

WASHINGTON, April 16 (RIA Novosti) – The US federal debt is currently on an unsustainable trajectory, though it hasn't reached an unsustainable level yet, and it is uncertain how much longer this can continue, US Federal Reserve Chairman Jerome Powell said on Wednesday. “Federal debt is on an unsustainable path. It's not at an unsustainable level, and no one really knows how much further we can go,” Powell said in remarks at the Economic Club of......

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