In a call made public on Thursday, Federal Reserve Chairman Jerome Powell told the Russian duo Show VL who posed as Ukrainian President Volodymyr Zelensky in a prank call that a recession is as likely as a slow-growing economy in the United States at this point in time.
"We would tell you that a recession is almost as likely as very slow growth," Powell told the duo during the conversation.
"Let me just say it’s a great honor to speak to you today. I’m glad you made time to speak to me, and it’s great to be with you today," Powell told the faux leader.