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Fed's Powell: I don't think US is currently in a recession
POWELL: I DON'T THINK U.S. IS CURRENTLY IN A RECESSION
— Breaking Market News (@breakingmkts) July 27, 2022
Added at 2:53pm
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FED'S POWELL: THE DANGER OF DOING TOO LITTLE INCREASES THE COST OF DEALING WITH IT LATER.
— Breaking Market News (@financialjuice) July 27, 2022
Added at 2:53pm
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FED'S POWELL: JOB CREATION AND PAY GROWTH ARE SUBSTANTIAL, WHICH IS NOT COMPATIBLE WITH A RECESSION.
— Breaking Market News (@financialjuice) July 27, 2022
Added at 2:54pm
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FED'S POWELL: I TEND TO TAKE FIRST GDP REPORTS WITH A GRAIN OF SALT, BUT WE WILL BE LOOKING.
— Breaking Market News (@financialjuice) July 27, 2022
Added at 2:59pm
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POWELL: WE STILL THINK BEST MEASURE ON INFLATION IS PCE
— *Walter Bloomberg (@DeItaone) July 27, 2022
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