Story perspectives

Fed Chair Warns of Inflation Risks Amid Strong Economy

2/12/2025

43 5

Summary

Story summary

Federal Reserve Chairman Jerome Powell confirmed the U.S. is not in a recession but cautioned about risks from inflation and tariffs.
Economist Dr. David Macpherson highlighted leading indicators as crucial for recession predictions.
Unconventional indicators, such as lipstick sales and champagne consumption, have historically foreshadowed economic downturns.
Additional indicators include workplace refrigerator fullness and the Hemline Index, reflecting economic trends through fashion.

1 of 1

Story summary

Federal Reserve Chairman Jerome Powell confirmed the U.S. is not in a recession but cautioned about risks from inflation and tariffs.
Economist Dr. David Macpherson highlighted leading indicators as crucial for recession predictions.
Unconventional indicators, such as lipstick sales and champagne consumption, have historically foreshadowed economic downturns.
Additional indicators include workplace refrigerator fullness and the Hemline Index, reflecting economic trends through fashion.