Fed-Chef warnt vor „unsicheren und nachteiligen“ Auswirkungen eines US-Schuldenausfalls – „Wir wären in unerforschtem Gebiet“ –

US Federal Reserve Chairman Jerome Powell has issued a warning on the potential economic consequences of a US debt default, saying that the situation would be „highly uncertain and adverse“. Powell cautioned that no-one should assume that the Federal Reserve could protect the US economy in the event of a default, adding that such an occurrence could place the country in „uncharted territory“. Powell’s warning follows a rate increase of 25 basis points – the Fed’s tenth hike in 14 months – while the US debt limit has yet to be resolved. Treasury Secretary Janet Yellen has warned that a US debt default „would produce an economic and financial catastrophe“.