Category: Economic Collapse

Fed chairman warns of ‘unthinkable’ harm to global economy if debt ceiling isn’t raised

Fed chairman warns of ‘unthinkable’ harm to global economy if debt ceiling isn’t raised BY SYLVAN LANE – 07/11/19 12:16 PM EDT. The hill Federal Reserve Chairman Jerome Powell said Thursday that the global economy could suffer “unthinkable” damage if the White House and Congress fail to raise the federal debt limit. https://thehill.com/policy/finance/452609-fed-chairman-warns-of-unthinkable-harm-if-debt-ceiling-isnt-raised?jwsource=cl […]

Rumors/Threats of Trade Wars: Fed ‘closely monitoring’ trade impact on economy due to trade disputes.

Rumors/Threats of Trade Wars: Fed ‘closely monitoring’ trade impact on economy due to trade disputes. AFP•June 4, 2019 Chicago (AFP) – The US central bank is “closely monitoring” trade disputes and the implications for the economy, Federal Reserve Chairman Jerome Powell said Tuesday. A day after another Fed […]