ECONOMY
2 min readStudy: US Debt Could Reach 250% of GDP Without Rate Increases
TrueGov Editorial Team•5 months ago•2 min read
Research presented at Federal Reserve conference examines long-term debt sustainability
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A research paper presented at the Federal Reserve's Jackson Hole conference suggests that US government debt could potentially reach 250% of gross domestic product without triggering increases in interest rates. The analysis, conducted by economists from Stanford, Minnesota, Northwestern, and Harvard universities, examines the relationship between government debt levels and interest rate pressures in the American economy.