US business debt a 'moderate' economic risk: US Fed's Powell

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 66%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

WASHINGTON: The American private sector's mounting debts pose a 'moderate' risk to the world's largest economy, Federal Reserve Chairman Jerome ...

WASHINGTON: The American private sector's mounting debts pose a"moderate" risk to the world's largest economy, Federal Reserve Chairman Jerome Powell said on Monday .

"As of now, business debt does not present the kind of elevated risks to the stability of the financial system that would lead to broad harm to households and businesses should conditions deteriorate," Powell said.Economists warn that after years of economic recovery and low interest rates, companies across the spectrum of US industries now frequently have debts that are several times greater than their earnings, with debt growing faster than the economy for the last decade.

Banking reforms after the crisis have made the financial sector resilient enough to handle such losses, there are few signs of an asset price bubble and the investment vehicles used to trade in debt are more sound, according to Powell.Channel NewsAsia - Sentifi topic widget

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 6. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

High debt = High risk. USA have very high debt. Very high risk.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Local education start-up Cialfo raises US$3 million to expand into US marketSINGAPORE - Singapore-based education start-up Cialfo announced on Tuesday (May 14) that it has raised US$3 million (S$4.1 million) in funding as it expands into the US market.. Read more at straitstimes.com. this is ur intern place right cennicchan stanley~~
Fonte: The Straits Times - 🏆 8. / 63 Leggi di più »

Hillhouse Capital, SGX backs US$60m investment into US bond trading platform TrumidTRUMID, a New York-based fintech startup and bond trading platform, has secured fresh investment from global investment firm Hillhouse Capital in a US$60 million funding round. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »