US Fed Chair Kevin Warsh Tells G20 that Past Global Savings Glut Is Turning Into Investment Surge

Fed's Warsh wants to nail down the underlying potential for U.S. economic growth

Kevin Warsh says “growth is a choice,” urging G20 leaders to focus on U.S. productivity and CBO’s 1.8% outlook.

Fed's Warsh tells G20 that past global savings glut is turning into investment surge

[ASHEVILLE, North Carolina] US Federal Reserve chairman Kevin Warsh on Monday (Aug 31) told G20 finance leaders that the world is seeing a global investment surge that is helping to power growth, reversing past savings gluts that kept capital idle due to a shortage of investment opportunities. Read more at The Business Times.

Past global savings glut has turned into investment surge, Fed’s Warsh tells G20

Dominant theme of recent years has now reversed, U.S. central bank chief tells finance leaders

US Fed chair Kevin Warsh tells G20 that past global savings glut is turning into investment surge

Federal Reserve Chairman Kevin Warsh highlighted a remarkable surge in global investments that is driving robust economic growth across the globe. The reversal of previous savings gluts marks a crucial shift in economic dynamics. Warsh emphasized that the notion of secular stagnation is no longer relevant today and expressed eagerness to discover the growth prospects of member economies.