domingo, diciembre 22, 2024
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Powell: Unclear whether recession will take place

«No one knows whether there’s going to be a recession or not, and if so, how bad that recession would be,» United States Federal Reserve Chair Jerome Powell pointed out on Wednesday.

The path to a soft landing has narrowed as the Fed has not seen inflation decrease, Powell said at a press conference, adding that the central bank expected goods inflation to come down by now.

Soft landing is nevertheless «possible,» the central bank chief underlined.

Fuente: Breaking The News

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