The Fed discussed the risk of a recession in the US economy



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Tension in world trade could hit the economy

6. July 2018 at 11:13 am TASR

WASHINGTON. Bankers from the US Federal Reserve discussed their recession at their June summit

. They expressed concern that global trade tensions could affect the economy, which, according to most indicators, is experiencing strong growth. This is the result of the minutes of the June session that the Fed released Thursday (5.7).

The minutes of the June 12th and 13th meeting where the Fed raised interest rates for the second time this year, also indicated that the bank's political leaders may soon report that their policy monetary has made sufficient progress and that it is not necessary to take new measures to support the economy


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is looking forward to the strength of the US economy and rising rates, but also worries about factors that could bring the economy out of its previous high rate of economic growth

. Most Fed members note the uncertainty and risks have been heightened and have expressed concern that these uncertainties and risks could ultimately have negative consequences, "says the report. ] Many Fed contacts in the economy have expressed concern that the recent introduction of US tariffs for their major trading partners will affect investment. The central bank will therefore monitor their impact on the economy. the companies

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