Yellen Warns of Fiscal Dominance Risk as US National Debt Hits $38.5 Trillion
- Escalating Fiscal Dominance Risk: Yellen highlighted at the American Economic Association annual meeting that the preconditions for fiscal dominance are strengthening, particularly as the US national debt surpassed $38.5 trillion in early 2026, which could lead the Fed to maintain low interest rates to ease debt servicing costs, thereby impacting inflation control.
- Rising Debt-to-GDP Ratio: The Congressional Budget Office forecasts a federal deficit of $1.9 trillion for 2026, with total debt expected to approach 100% of GDP and soar to about 118% over the next decade, posing a long-term challenge to economic stability.
- Political Pressure and Economic Risks: Yellen noted that President Trump pressured the Fed to lower interest rates to alleviate government debt burdens, warning that achieving this goal could risk turning the US into a “banana republic,” highlighting the potential dangers of political interference in economic policy.
- Need for Bipartisan Cooperation: While Yellen expressed optimism about Congress reaching a bipartisan budget reform deal following a crisis related to Social Security and Medicare, economist Romer expressed skepticism, asserting that failing to address fiscal issues will lead to severe consequences for everyone, including the Fed.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK) As of , Lorenzo Protocol (BANK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BANK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BANK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000247 | 0.0143 | 0.0253 | 0.0394 | 0.0504 | 0.0645 | 0.0755 |
| Fibonacci | 0.0143 | 0.0239 | 0.0298 | 0.0394 | 0.049 | 0.0549 | 0.0645 |
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