FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a press convention following a two day Federal Open Market Committee coverage assembly in Washington, U.S., January 30, 2019. REUTERS/Leah Millis -/File Photograph
ITTA BENA, Miss (Reuters) – The chance of a U.S. recession is just not presently elevated, Federal Reserve Chairman Jerome Powell stated on Tuesday.
“We don’t really feel that the chance of recession is in any respect elevated,” Powell stated in a query and reply session with college students at Mississippi Valley State College.
Reporting by Howard Schneider; Enhancing by Andrea Ricci