Jerome Powell, Chairman of the US Federal Reserve System (FRS), which carries out the functions of the central bank, did not rule out the possibility that the American economy will face a recession next year. This was reported by TASS.
According to him, there is always the possibility of a recession in 2024. It exists regardless of the state of the economy.
Powell added that the possibility of a recession is always a real possibility.
Before that, Alexander Rudoy, specialist at the Department of International Cooperation at the State Business University statedThat the US Federal Reserve’s higher interest rates will eventually lead to a recession.
According to him, most analysts believe that there will be economic difficulties in the United States in the next year and a half.
According to him, the authorities will try to eliminate the slowdown in economic growth using various financial instruments. Rudoy added that companies will continue to attract funding from other countries’ high-tech industries.
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