US President Biden says he does not expect a recession, but its possible | Forexlive

US President Biden is speaking in an interview on the TV (CNN) this evening US time.

• Says he doesn’t anticipate a recession but it’s ‘possible” – downturn would be minor, US economy resilient enough to withstand the storm
• Saudis face US “consequences’ after OPEC+ production cut
• I believe I can beat
  trump again

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Biden softening us up for a recession:

• “I don’t think there will be a recession. If it is, it’ll be a very slight recession. That is, we’ll move down slightly.”