News list for "The politicization of savings is driving up US debt"

Paul Donovan, chief economist at UBS Global Wealth Management, said the Fed's increased politicisation would lead to higher risk premiums in the US bond market for inflation uncertainty. He noted that this would push up real borrowing costs, increase US government debt service payments, mean less room for fiscal stimulus and less corporate investment, and would damage - but not destroy - the dollar's status as a reserve currency. Federal Reserve Chairperson Jerome Powell on Friday in Jay...

2025-08-25 14:18:51