The tweet was deleted by the author.
But we saved everything 🙂.
E.J. Antoni highlights that U.S. government debt has reached $40 trillion and continues to rise.
According to Antoni, annual interest payments on this debt are now $2 trillion, as yields converge on 5% or higher.
View post on X Loading...
Antoni has recently covered updated projections for the federal funds rate, noting that CLV Fed’s forecast is based on seven distinct monetary rules here. He has also reported that initial U.S. unemployment claims remain slightly above 200,000, despite recent firings here. These updates follow continued attention to key economic indicators.