Powell: no evidence a recession is imminent

Author: Adam Button | Category: Central Banks

More from Powell

  • Tariffs may lift prices at a time of weaker growth
  • Economy is strong, Fed is gradually raising rates
  • Big number of prime-age workers are taking painkillers
  • Regulations should be balanced

Since Powell has come back from a break, there hasn't been much interesting.

One thing that's great about Powell is that when he can't answer a question, he just says he can't answer it. It helps things move along, rather than running out the clock and rambling like Yellen. "I'm not going to give you advice on fiscal policy, sorry," he said in response to a question about taxes.
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