Jerome Powell says government on ‘unsustainable fiscal path’
[ad_1] Federal Reserve Chair System board of governors chair Jerome Powell noted during an interview for "60 Minutes" that in the long term, the government is on an "unsustainable fiscal path," which he explained "means that the debt is growing faster than the economy."Interviewer Scott Pelley suggested that Powell is worried about the issue. "Over the long run, of course it does," Powell said, acknowledging his concern. He noted that […]