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Powell “Not Forecasting a Recession”

Powell “Not Forecasting a Recession”

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.

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Everything’s Fine

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.”

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