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Powell Cautions That a Recession Is Possible Amid Rising Interest Rates

new video loaded: Powell Cautions That a Recession Is Possible Amid Rising Interest Rates

By ReutersJune 22, 2022

Jerome H. Powell, the chair of the Federal Reserve, testified before the Senate Banking Committee and said the central bank does not intend to provoke a recession, but it is “certainly a possibility.”

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Source: Economy - nytimes.com


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