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Archive for February 11th, 2020

February 11th, 2020 - 9:56 am § in Misc.

Fed Chair Powell warns of a sugar high. Tells Congress that $1 trillion budget deficits are unsustainable

WASHINGTON – Federal Reserve Board Chair Jerome Powell: “Putting the federal budget on a sustainable path when the economy is strong would help ensure that policymakers have the space to use fiscal policy to assist in stabilizing the economy during a downturn.” Of course, this conflicts with t[...]