![GOLD: US Dollar Hits Supply Zone, What Next?](/storage/article/38012/preview/rm7QJ7NjDBPUVo3i_2560x600_q70.jpg)
Here's the latest news from Federal Reserve Chair Jerome Powell. While speaking at a conference in Portugal, Powell expressed optimism about the US economy and decreased the possibility of a recession, stating that the economy has shown resilience and is still growing, albeit at a modest pace. He acknowledged the possibility of a recession but emphasized that it is not the most likely scenario.