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TechFlow news, July 1 — According to Jinshi Data, Federal Reserve Chair Powell stated that the U.S. federal fiscal trajectory is unsustainable. Although current debt levels are sustainable, the trajectory of debt growth is not, and thus must be addressed early.
According to Jinshi Data, Federal Reserve Chair Powell stated that the U.S. federal fiscal trajectory is unsustainable. Although the current debt levels are sustainable, the trajectory of debt growth is not. Since the path of debt expansion is unsustainable, it must be addressed early.
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