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2025.03.20 18:46 GMT+8

US Fed chair: The likelihood of a US economic recession is increasing

Updated 2025.03.20 18:46 GMT+8
CGTN
US Fed chair: The likelihood of a US economic recession is increasing

US Federal Reserve chair Jerome Powell noted that domestic turmoil caused by big changes and Trump's recent trade policies have increased economic uncertainty, raising the likelihood of a US recession. He was addressing the media after the Fed kept interest rates unchanged at the close of its March meeting on Wednesday.

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