Rising Recession Risk: Fed Official Warns of Economic Uncertainty

Federal Reserve officials have voiced growing concerns about the rising risk of recession, citing a complex mix of economic uncertainties that are impacting businesses and consumer sentiment. Neel Kashkari, president of the Minneapolis Federal Reserve branch, highlighted the challenges faced by businesses in his region, emphasizing how ongoing economic uncertainty is negatively affecting investment decisions. He specifically cited trade tax policy uncertainties as a major driver of this hesitation. )