Fed Reserve Chair Says He Does Not Believe The U.S Economy Is In A Recession

Fed Reserve Chair Says He Does Not Believe The U.S Economy Is In A Recession

Federal Reserve Chairman Jerome Powell announced an increase to interest rates by 0.75% as an additional measure to combat inflation. Powell said he does not believe the U.S economy is in a recession, “there are just too many areas of the economy that are performing too well.” Gross domestic product figures will additionally be released on Thursday.
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#federalreserve #Inflation #interestrates

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