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Barkin: Recession Revisited
Thank you for that kind introduction and for having me here. Today, I want to speak about the economy and where we may be headed. I caution you these are my thoughts alone and not necessarily those of anyone else in the Federal Reserve System. I look forward to your questions at the end, but I will start with the number one question I’ve been hearing, which is: “‘Are we headed into a recession?’ I would caution you that no one canceled the business cycle, so one can never fully rule out a recession — it’s just a question of timing. But I get why the concern might be elevated today. Fiscal support from the ... (full story)