Fed Chair Powell (Q&A) says it is not controversial that the path of US budget is unsustainable; the fiscal picture needs to be addressed

Fed Chair Powell's comments highlight the growing concerns about U.S.

Newsquawk StaffPublished On the live feed at 10 more headlines followed before this page went public
Newsquawk headlinesUTC

Fed Chair Powell (Q&A) says economy has surprised us with its strength; consumer spending is uneven across incomes, but good; ai is also benefiting the economy; growth is on a solid footing

Fed Chair Powell (Q&A) says central bank independence has served the people well

Fed Chair Powell (Q&A) says it is not controversial that the path of US budget is unsustainable; the fiscal picture needs to be addressed

Fed Chair Powell (Q&A) says no one has a base case that a rate hike is the next move, though Fed never takes anything off the table

Fed Chair Powell (Q&A) says Fed will always act to address when the economy moves further away from their goals

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

fiscal sustainability, which could have implications for future monetary policy. If the government’s budget trajectory remains unsustainable, it may prompt the Fed to adjust its interest rate strategy to tackle inflation or support economic stability. Expect potential volatility in the USD and fixed income markets as traders assess the implications for Fed policy moving forward.

Related headlines

The whole workspace, free to try.

Try it free