There is a little known group up in Boston, that makes the official call on every recession. They are called the National Bureau of Economic Research. The NBER is a not for profit, private research firm, founded in 1920. So this year marks their 100th anniversary.

And on Monday, they made their most dramatic recession call in their history. Something that was totally out of character.

There is a little known group up in Boston, that makes the official call on every recession. They are called the National Bureau of Economic Research. The NBER is a not for profit, private research firm, founded in 1920. So this year marks their 100th anniversary.

And on Monday, they made their most dramatic recession call in their history. Something that was totally out of character.

There is a little known group up in Boston, that makes the official call on every recession. They are called the National Bureau of Economic Research. The NBER is a not for profit, private research firm, founded in 1920. So this year marks their 100th anniversary.

And on Monday, they made their most dramatic recession call in their history. Something that was totally out of character.

There is a little known group up in Boston, that makes the official call on every recession. They are called the National Bureau of Economic Research. The NBER is a not for profit, private research firm, founded in 1920. So this year marks their 100th anniversary.

And on Monday, they made their most dramatic recession call in their history. Something that was totally out of character.

There is a little known group up in Boston, that makes the official call on every recession. They are called the National Bureau of Economic Research. The NBER is a not for profit, private research firm, founded in 1920. So this year marks their 100th anniversary.

And on Monday, they made their most dramatic recession call in their history. Something that was totally out of character.

There is a little known group up in Boston, that makes the official call on every recession. They are called the National Bureau of Economic Research. The NBER is a not for profit, private research firm, founded in 1920. So this year marks their 100th anniversary.

And on Monday, they made their most dramatic recession call in their history. Something that was totally out of character.

There is a little known group up in Boston, that makes the official call on every recession. They are called the National Bureau of Economic Research. The NBER is a not for profit, private research firm, founded in 1920. So this year marks their 100th anniversary.

And on Monday, they made their most dramatic recession call in their history. Something that was totally out of character.

There is a little known group up in Boston, that makes the official call on every recession. They are called the National Bureau of Economic Research. The NBER is a not for profit, private research firm, founded in 1920. So this year marks their 100th anniversary.

And on Monday, they made their most dramatic recession call in their history. Something that was totally out of character.

At 9 o'clock sharp this morning, Jerome Powell, Chairman of the Federal Reserve Board of Governors will open the latest meeting of the Federal Open Market Committee. This is the group which will make the latest decision on interest rate policy for the Fed. As well as set the direction on future securities purchases and other bank policies.

At 9 o'clock sharp this morning, Jerome Powell, Chairman of the Federal Reserve Board of Governors will open the latest meeting of the Federal Open Market Committee. This is the group which will make the latest decision on interest rate policy for the Fed. As well as set the direction on future securities purchases and other bank policies.