Powell Dodges on What’s His ‘Definition for the Start of a Recession’

Powell Dodges on What’s His ‘Definition for the Start of a Recession’

REPORTER: “… what is your definition for the start of a recession”

POWELL: “… the Fed doesn't make it doesn't make a judgment on that, you know, we're focused on the dual mandate and using our tools to achieve maximum employment and price stability. We don't we don't say there is now a recession, that kind of thing. So that that wouldn't be something we do.”

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