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Showing posts with the label U.S.Fed

There is a high probability that we will avoid a recession, according to Betsey Stevenson.

Betsey Stevenson, professor of public policy and economics at the University of Michigan, former chief economist of the United States Department of Labor and former advisor to President Obama, joins BNN Bloomberg for her U.S. economic outlook ahead of the U.S. Fed rate announcement. She says today's meeting might be the hardest the U.S. Fed has faced, adding Powell will have to think hard about their forward guidance. She also discusses U.S. labour noting 'employment didn't crack first banking did. 'Furthermore, Stevenson says a recession will be unlikely amid growth.' Subscribe to BNN Bloomberg to watch more videos: Connect with BNN Bloomberg: For the latest news visit: For a full video offering visit BNN Bloomberg: BNN Bloomberg on Facebook: BNN Bloomberg on Twitter: BNN Bloomberg on Instagram: BNN Bloomberg on LinkedIn: -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.... ( read more )