3 ms·
The average american does not know the technical definition of what a recession is. They just know recessions are bad. Whether or not it's acknowledged we're of
by throwaway6734 4y ago
The average american does not know the technical definition of what a recession is. They just know recessions are bad. Whether or not it's acknowledged we're officially in a recession can itself have negative economic impacts due to panic.
Also, Powell himself has been iffy about whether or not we're in a recession