"The Unsustainable Fiscal Path of the US, According to Powell"

Federal Reserve Chair Jerome Powell warns that the U.S. is on an unsustainable fiscal path due to the national debt growing faster than the economy, with the debt surpassing $34 trillion. Congress faces funding deadlines amid tensions over the national debt, and despite the Fed's concerns, Powell notes that the economy is currently in a good place with strong growth and falling inflation. The Fed has held interest rates steady, facing criticism from both sides of the political spectrum, but Powell insists that politics will not influence their decisions.