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Coverage dated July 25, 2023

Fed Staff No Longer Predict Recession As Inflation Cools

Headline from Forbes

Federal Reserve Chair Jerome Powell said the “resiliency” of the economy prompted the Fed to no longer forecast a looming recession.

Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

6 articles, oldest first.

  1. Insider

    The Fed no longer thinks a recession will happen this year (opens Insider)

    Published

    Insider's feed description

    After raising interest rates on Wednesday, Fed Chair Jerome Powell said the bank's staff no longer forecasts a recession in 2023.

  2. Fortune

    Cancel the recession, Fed staff says. Whether the central bank’s governors agree is another matter. (opens Fortune)

    Published

    Fortune's feed description

    "The staff now has a noticeable slowdown in growth starting later this year in the forecast. But given the resilience of the economy recently, they are no longer forecasting a recession," Jerome Powell said.

  3. The Brunswick News

    Powell says Fed’s staff is no longer forecasting a recession (opens The Brunswick News)

    Published

    The Brunswick News's feed description

    Federal Reserve Chair Jerome Powell said the U.S. central bank’s staff economists are no longer forecasting a recession given recent resilience in the economic data. “The staff now has a

  4. Forbes

    Fed Staff No Longer Predict Recession As Inflation Cools (opens Forbes)

    Published

    Forbes's feed description

    Federal Reserve Chair Jerome Powell said the “resiliency” of the economy prompted the Fed to no longer forecast a looming recession.

  5. Quartz

    The Fed’s staff is no longer forecasting a US recession (opens Quartz)

    Published

    Quartz's feed description

    The most predicted recession in US history may never happen

  6. Washington Examiner

    Fed staff no longer predicting a recession, Powell says (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    In a big reversal from just months ago, Federal Reserve staff no longer expect a recession, Fed Chairman Jerome Powell said Wednesday.

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