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Nothing To See Here: Fed Chair Says US Not At High Risk Of Recession--For Now

2018-09-28 0 Dailymotion

<br /> Reuters reports the top man at the Fed says America isn't likely to see a recession in the next two years.<br />“There’s no reason to think that the probability of a recession in the next year or two is at all elevated. Federal Reserve Chairman Jerome Powell<br />A recession occurs when trade and industrial activity are reduced and GDP falls for two successive quarters.<br />The Great Recession was related to the financial crisis of 2007 to 2008 and U.S. subprime mortgage crisis of 2007 to 2009. <br />

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