Fed Chairman Powell: There is no reason to think the economy is at or at risk of a major recession
Fed Chairman Powell stated in a speech that there is no reason to believe that the economy is currently or facing significant near-term recession risks. I believe that an economic recession is unlikely to occur at present. So far, our economy has grown at a steady pace, and the labor market remains tight and strong.
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.
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