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U.S. debt seen as unsustainable, Jordan Kerridge warns
Federal Reserve Chair Jerome Powell has described U.S. debt as 'not sustainable,' according to a statement shared by Jordan Kerridge. Powell further warned that failing to act soon on the increasing debt issue 'will not end well.'
The message from Powell underscores heightened concern over the trajectory of fiscal policy in the U.S.
Jordan Kerridge previously noted that Bloomberg investors expect U.S. inflation to reach 5.24 percent within a year, according to recent commentary. He has also identified key levels for Bitcoin, suggesting potential for a rally to $80,000 or a decline toward $66,000 depending on resistance, as outlined in his earlier analysis. These observations reflect persistent market focus on inflation and asset valuations.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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