Fed Chair Powell: A recession is now unlikely, we can achieve a soft landing
Federal Reserve Chairman Jerome Powell said in a speech that there is no reason to believe that the economy exists or faces significant near-term funding risks. I think it is unlikely that economic funding will occur at this time. So far, our economy is growing at a solid pace, the labor market is still tight and hunger has fallen sharply, I think we can achieve a soft landing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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