Janet Yellen Warns Of 'Fiscal Dominance' Risk Due To Mounting US Debt: 'Should We Be Concerned About...?'

Former Federal Reserve Chair Janet Yellen has issued a stark warning about the potential risks posed by America’s rapidly increasing national debt.Debt Surge Raises Fiscal Dominance FearsYellen, speaking at a panel on the “Future of the Fed” on Sunday, cautioned that the mounting national debt could severely limit policymakers’ ability to address the country’s fiscal challenges. She highlighted the risk of “fiscal dominance,” where political pressure forces the central bank to maintain lower interest rates ...