Cancel the recession, Fed staff says. Whether the central bank’s governors agree is another matter.
"The staff now has a noticeable slowdown in growth starting later this year in the forecast. But given the resilience of the economy recently, they are no longer forecasting a recession," Jerome Powell said.
"The staff now has a noticeable slowdown in growth starting later this year in the forecast. But given the resilience of the economy recently, they are no longer forecasting a recession," Jerome Powell said. Read More
