US President Biden says there will no US recession in 2023 or 2024 | Forexlive
US President Biden is speaking in an interview with US media, PBS.
Earlier:
Biden adding those ‘no recession’ remarks. Its not unusual for senior politicians to goose economic comments, so take this with a grain of salt. The very strong recent jobs report does tend to support his assertion though. ICYMI:
And its set off a conga line of Federal Reserve officials singing from the same sheet on the likelihood of further rate hikes: