Jerome Powell: I Dont See Anything That Suggests The Likelihood Of A Downturn Is Elevated
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Summary
➡ There’s currently no sign in the economy that a recession, or a financial decline, is likely to happen.
Transcript
I don’t see anything in the economy right now that suggests that the likelihood of a recession, sorry, of a downturn, is elevated. Okay, I don’t see that. You see growth at a solid rate, you see inflation coming down, and you see a labor market that’s still at very solid levels. So I don’t really see that. No. [tr:trw].
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