Powell said this in a video link at the New York Economic Club.
“Now is not the time to focus on federal debt issues,” RIA Novosti quoted him as saying.
Earlier, the US Federal Reserve kept the base interest rate at the level of 0-0.25% per annum.
Fed head urged the US authorities not to worry about the growth of national debt
2021-02-10T20:58:50.496Z
The head of the US Federal Reserve System (FRS) Jerome Powell said that the US authorities at this stage should not worry about the growth of national debt, since at the moment it is important to stimulate the economy.
Source: russiart