Fed’s meeting minutes reveal continued risk of recession in the economy

by | Jun 16, 2023 | Recession News | 5 comments

Fed’s meeting minutes reveal continued risk of recession in the economy




Yahoo Finance Fed reporter Jennifer Schonberger breaks down the Fed’s latest meeting minutes, highlighting the risk of recession and inflation outlook. The segment aired on February 22, 2023 #yahoofinance #shorts #recession #federalreserve #jeromepowell

Watch more here:

Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes
WATCH HERE:

Subscribe to Yahoo Finance:

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit:

Connect with Yahoo Finance:
Get the latest news:
Find Yahoo Finance on Facebook:
Follow Yahoo Finance on Twitter:
Follow Yahoo Finance on Instagram:
Follow Yahoo Finance Premium on Twitter: …(read more)


BREAKING: Recession News

LEARN MORE ABOUT: Bank Failures

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing


The US economy has been on a rollercoaster ride for the past few years, with peaks of growth occasionally masked by troughs of uncertainty. This precarious situation is once again highlighted in the recently released meeting minutes of the Federal Reserve.

The minutes revealed that the US economy remains at risk of recession, with several factors contributing to this gloomy outlook. One significant concern is the ongoing global trade tensions, particularly between the United States and China. The trade war between these two economic powerhouses has created an environment of uncertainty and volatility, resulting in decreased business investments and consumer confidence.

See also  New York Life Investment's Goodwin believes the economy is closer to a recession than the markets realize.

Another key issue highlighted in the meeting minutes is the potential impact of the COVID-19 pandemic. Despite significant progress in containing the virus through vaccination efforts, the threat of new variants and intermittent lockdowns poses a continuous risk to economic recovery. The minutes pointed out that the pace of the recovery will heavily depend on the trajectory of the public health situation.

Additionally, the Federal Reserve expressed concerns over rising inflation rates, which could further hamper economic growth. While some inflation is seen as healthy for the economy, the recent surge in prices for goods and services raises questions about potential overheating. The minutes noted that the central bank is committed to closely monitoring inflationary pressures and will take appropriate measures to maintain price stability.

The meeting minutes also underlined the importance of government assistance and fiscal policies to sustain the economic momentum. The Federal Reserve emphasized the need for continued support from Congress and the Biden administration to effectively navigate the ongoing challenges. They stressed the significance of targeted stimulus measures to bolster employment, consumer spending, and investment.

It is essential to note that the Federal Reserve’s assessment of the economy does not guarantee a recession. However, the minutes highlight the existing risks that need careful attention to ensure a sustained recovery. Monetary policymakers will likely remain cautious and employ a data-dependent approach to adjust their strategies accordingly.

As investors and individuals, it is crucial to stay informed about these economic developments and be prepared for potential shifts in the market. Keeping a close eye on key indicators such as employment rates, inflation figures, and trade policies can provide valuable insights into the future direction of the economy.

See also  Waiting could lead Bank of Canada into recession, warns Rosenberg

In conclusion, the Federal Reserve’s meeting minutes emphasize the fragility of the US economy, highlighting the persistent risks of a recession. The ongoing trade tensions, potential setbacks from the COVID-19 pandemic, and rising inflation rates contribute to this uncertain outlook. However, with appropriate policies and measures in place, there is still hope for a sustained and robust recovery.

Truth about Gold
You May Also Like

5 Comments

  1. Ja R

    fed has been very good at making downturns into recessions or depressions. inflation too of ten is mostly gov caused overspending, forcing higher pay and benefits on co and raises without any
    regard for performance or efficiency is inflationary
    and or job killing

  2. Captain Banana

    You know, there’s an issue when the Catholic Church adopts crypto, but the American government does not

  3. Sasha Dala

    The Economy is in a Terminal Nosedive. Expect thousands Marching at Washington to the White House and the Federal Reserve Bank in 30 months time.

  4. Jim Ang

    STOCK DOWN A LOT, BUT BOUNCE HALF POINT TODAY 2/23/23 AFTER DOWN 1 POINT

  5. BADD1ONE

    "Remains at risk"?

U.S. National Debt

The current U.S. national debt:
$35,866,603,223,541

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size