Fed Chairman Powell: There is no reason to think the economy is at or at risk of a major recession

A AT IS RISK 2024-03-07 74
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.
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