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Fed's Powell Says U.S. Recession Risk Not Elevated

Kitco News

ITTA BENA, Miss (Reuters) - The risk of a U.S. recession is not currently elevated, Federal Reserve Chairman Jerome Powell said on Tuesday.

“We don’t feel that the probability of recession is at all elevated,” Powell said in a question and answer session with students at Mississippi Valley State University.

Reporting by Howard Schneider; Editing by Andrea Ricci

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