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Philadelphia Fed chief warns of economic "wall of worry" due to deflation risks and more.
Patrick Harker, head of the Philadelphia Federal Reserve, noted that while the US economy is stable, there are emerging concerns.
These include decreasing confidence among businesses and consumers, potential deflation, rising government deficits, and a possible decline in the US dollar's global status.
Harker indicated that these factors contribute to a growing "wall of worry" for the economy.
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El jefe de la Fed de Filadelfia advierte sobre "muro de preocupación" económica debido a los riesgos de deflación y más.