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Hanno Lustig: Public Fed chair candidates expected to support buying U.S. state bonds

Hanno Lustig: Public Fed chair candidates expected to support buying U.S. state bonds
Fed chair candidates and state bond support

Hanno Lustig stated that if candidates for the role of Federal Reserve chair were required to publicly declare their willingness to bail out individual U.S. states by buying their bonds, it would be problematic.

Lustig said that such a condition for Fed chair consideration would not be good.

Lustig has previously argued that France must maintain GDP growth to preserve its welfare state. He has also examined core French state spending by excluding pension contributions to facilitate better cross-country comparisons. His work often addresses the fiscal challenges faced by governments and public institutions.

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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