In a speech today in Zurich Switzerland, Jerome Powell stated the Fed is not forecasting a recession.
YouTube Video of Zurich Conference
The Fed has never forecast a recession, even after they have started.
It reminds me of Bernanke’s denials on the housing bubble.
No Comment on Trade?
1st and 3rd appear a bit opposing.
The Economy is great. The only thing adding to “uncertainty” is the Fake News!
Accurate Reader Comment
“Not only has the Fed never forecast a recession they’ve never forecast a crash or bubble. But that hasn’t stopped them from telling us we don’t have a bubble or crash on the horizon.”