 ALM: Media, Intelligence and Events - working together to empower our audiences and partners to discover, connect and compete. Firing Powell Wouldn't Save Much in Debt Costs 2025-07-23 18:36 UTC by Treasury and RiskJonnelle Martehttps://feeds.feedblitz.com/-/920648270/0/treasuryandrisk.jpgNewsIn the first nine months of the 2025 fiscal year, interest costs totaled $921 billion, up 6% from the year before. However, firing Powell and pursuing more aggressive cuts to the federal funds rate would save just $12 billion to $15 billion through 2027, according to a recent Deutsche Bank analysis.
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