BlackRock President and Fed Governor Waller: France's Fiscal Pressure Sounds Alarm for High-Deficit Countries
On October 13, Jon Gray, President of BlackRock, and Christopher Waller, a Governor of the Federal Reserve, stated that the fiscal pressure faced by France serves as a warning for governments with high spending. However, due to the significantly higher growth rate of the U.S. economy, these risks are not as urgent in the United States.
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