Trump Treasury faces painful fiscal choices ahead, economist warns
Economist Kenneth Rogoff says adjusting bond maturities won't resolve underlying US fiscal pressures.
Kenneth Rogoff has warned that the Trump Treasury cannot avoid difficult fiscal decisions by simply restructuring bond maturities. The economist's comments suggest the US faces fundamental budgetary challenges that require more substantial policy action.
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Is the Trump Treasury panicking?
Kenneth Rogoff warns that fiddling with bond maturities won't save the US from the painful fiscal choices ahead