-
@ Layer3.news
2025-05-24 00:29:00
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
FEDERAL RESERVE GOVERNOR WARNS US DEFICIT 'NOT SUSTAINABLE' AS TREASURY BOND DEMAND WEAKENS
https://s.yimg.com/ny/api/res/1.2/vCJ8o8u6eSnkX9NblSPrXg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/fox_business_text_367/007c846faa73938c4e10a2b330f49029
--
✍️ Federal Reserve Governor Christopher Waller warned that the US deficit is not sustainable and that the financial markets are reacting to projected deficits under congressional Republicans' tax cut package by demanding higher interest rates on US debt.
--
👉 The financial markets are reacting to projected deficits under congressional Republicans' tax cut package by demanding higher interest rates on US debt.
👉 The Treasury Department held a $16 billion sale of 20-year Treasury bonds on Wednesday that saw weak demand and spurred a sell-off in the stock market and dollar.
👉 Waller warned that the US deficit is not sustainable and that the markets are looking for a little more fiscal discipline.
--
#ChristopherWaller #EdwardLawrence #DonaldTrump #politics
--
nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqg80fngmkmdl3dv8tt62fex3hnuvayr86yy6nc4vwrm9kht9gfuwtgj54e27