Federal Reserve Chair Thinks U.S. Not In Recession


July 27, 2022
| Clip Of Federal Reserve Chair Holds News Conference

While holding a news conference on the economy and monetary policy, Federal Reserve Chair Jerome Powell, when asked if the US economy was…
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While holding a news conference on the economy and monetary policy, Federal Reserve Chair Jerome Powell, when asked if the US economy was in recession, said, “I don’t think the US economy is in recession right now.” Chair Powell said that too many areas of the economy are “performing too well,” and that it “doesn’t make sense the economy would be in recession” with such a strong labor market. close


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