US household debt hits a new record, NY Fed finds
US household debt hits a new record, NY Fed finds
1 month ago
MSNEric Revell
US could default on its debt as soon as June 1 if debt limit isn't raised
3:07
US could default on its debt as soon as June 1 if debt limit isn't raised
May 3, 2023
ABC NewsAlexis Christoforous
47K views · 1.6K reactions | Federal Reserve Chair Jerome Powell said goods price inflation will pick up over the course of the summer as President Donald Trump's tariffs work their way to US consumers, who he argued would bear some of those costs https://reut.rs/3GaSvnU | Reuters | Facebook
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President Joe Biden signed a bill that suspends the US government's $31.4 trillion debt ceiling, averting what would have been a first-ever default https://reut.rs/3ITQOJM | Reuters
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Federal Reserve Chair Jerome Powell said recent high inflation readings had not changed the underlying ‘story’ of slowly easing price pressures in the US as the central bank stayed on track for three interest rate cuts this year https://reut.rs/4aqOvcJ | Reuters
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Federal Reserve Chair Jerome Powell said recent high inflation r…
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