ITTA BENA, Miss. | Fed Chairman Powell doesn’t see elevated recession risks

ITTA BENA, Miss. | Fed Chairman Powell doesn’t see elevated recession risks

ITTA BENA, Miss. (AP) — Federal Reserve Chairman Jerome Powell does not feel the probability of a recession “is at all elevated,” and that the country is continuing to see solid economic growth.

But in a visit to a historically black university in the Mississippi Delta, Powell says that many rural areas have not benefited from the national prosperity. He says those areas need special support, such as access to affordable credit to start small businesses and high-quality education to train workers.

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