Fed's Barkin Warns Rising US Debt Will Bring Eventual Reckoning

MT newswire2026/08/25 23:39

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

07:39 PM EDT, 08/25/2026 (MT Newswires) -- Federal Reserve Bank of Richmond President Tom Barkin said rising US debt will eventually bring a "reckoning," though it is difficult to know when, Bloomberg reported Tuesday. Barkin said the government can continue borrowing as long as investors keep buying its debt, but warned that investors could eventually push back, according to the report. Barkin also said the Fed's July decision to hold interest rates steady was a "close call." He said officials would have two more months of economic data before the Sept. 15-16 policy meeting, Bloomberg reported.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Fed's Barkin Warns Rising US Debt Will Bring Eventual Reckoning

You may also like

Crypto prices