Is the Fed Ready for a Recession?

Posted on March 4, 2020 12:07 pm
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On February 11, 2020, Federal Reserve chairman Jerome Powell delivered a semiannual report discussing the economy and laying out the good, the bad, and the precautions that the Fed must take in the event of a future economic downturn.

Although Powell spoke on a lot of positive features that are occurring in the United States economy, he raised a few risks that the Fed has taken that have put it in a challenging predicament to face the next recession.

Reflecting on last year’s monetary policy, Powell noted that the Fed embarked on lowering rates to provide a bit of a boost to