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Fed's Powell says U.S. recession risk not elevated

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Fed's Powell says U.S. recession risk not elevated

Fed's Powell says U.S. recession risk not elevated

According to Reuters, Federal Reserve Chairman Jerome Powell said on Tuesday that The risk of a U.S. recession is not currently elevated.

Powell met with students at Mississippi Valley State University, and during a Q&A session was quoted as saying, “We don’t feel that the probability of recession is at all elevated.” Concerns that another U.S. recession is approaching continues to rise amid concerns over political economic crisis’ in Europe with Brexit, and China’s slowing economy.

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Fed's Powell says U.S. recession risk not elevated

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