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

Name: Probability of a recession is 'very high,' says former Fed vice chair
Uploaded: 2022-05-02T12:42:59.000Z
Duration: 3 min 20 s
Description: 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.

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