Saturday, Oct 24, 2026
Focus on the big picture

Powell: don't assume Fed can protect US from debt default

Reuters, 04 May 2023
Fed Chair Jerome Powell said that the Federal Reserve is unlikely to be able to shield the US economy from the fallout of a failure to raise the federal debt ceiling, and the government should never be in a position where it is unable to pay all of its bills.

#Fed #debtceiling #JeromePowell#News #Reuters #newsfeed

Subscribe: http://smarturl.it/reuterssubscribe

Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.

Get the latest news on: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Related Articles