Probability of a recession is 'very high,' says former Fed vice chair
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Probability of a recession is 'very high,' says former Fed vice chair

Roger Ferguson, vice chairman of the Business Council and trustee of the conference board and former Federal Reserve vice chairman, joins CNBC's 'Squawk Box' to break down his outlook for a potential U.S. recession in 2023.
03:20
Mon, May 2 20228:42 AM EDT