Pols And Bureaucrats Insist There Is “No Recession”… That Doesn’t Change Reality!
- Sunday, July 31, 2022, 7:25
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At the press conference on Wednesday, Fed Chair Powell said that the Fed does not currently view the economy as being in a recession, but he refused to say what action the Fed would likely take at its September meeting, now apparently changing his practice of pre-committing the Fed.