“Our Main Expectation Is That There Will Not at All Be a Recession” – Fed Chair Jerome Powell Throws Cold Water on Latest Media Conspiracy

Federal Reserve Chairman Jerome Powell spoke with Thomas J. Jordan, chairman of the Swiss National Bank, in Zurich, Switzerland on Friday. The talk was hosted by the Swiss Institute of International Studies.

During his remarks Powell said he does not foresee the U.S. sliding into a recession soon, despite a slowdown in global growth and uncertainties surrounding the U.S.-China trade war.

“I wouldn’t see the recession as the most likely outcome in the U.S.,” he said during his remarks in Zurich.

Powell told the assembly, “Our main expectation is that there will not at all be a recession.”
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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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