Powell Says the Fed Is Not Forecasting a Recession

The video discusses the economic outlook for the United States, highlighting moderate growth driven by a strong labor market and rising inflation. It emphasizes that payroll jobs are exceeding new labor market entrants, indicating a tightening labor market. The speaker does not foresee a recession as the most likely outcome but acknowledges potential risks, which are being carefully monitored and addressed through policy measures.

What is the expectation regarding a recession for the United States economy?

What measures are being taken to address the risks mentioned?