Bessent Sees No Reason for Recession, Economic Data ‘Healthy’
Treasury Secretary Scott Bessent said that the underlying economy is healthy and there’s no reason for the US to see a recession, while rejecting the idea of assuring there cannot be a downturn.
Bessent says ‘there are no guarantees’ when it comes to recession
Treasury Department Secretary Scott Bessent said on Sunday that “there are no guarantees” when it comes to a recession. “Mr.
Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession: ‘I’m not concerned about a little bit of volatility over three weeks’
But Treasury Secretary Scott Bessent, who was a hedge-fund chief prior to his political appointment, isn’t worried. “I’m not ...
Trump Official Says 'No Guarantees' US Will Avoid Recession
U.S. Treasury Secretary Scott Bessent said there are "no guarantees" when asked during a Sunday interview whether he could ...
Trump Says a Recession Might Be Worth the Cost. Economists Disagree.
President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.
Stock market shrugs off recession fears to focus on the Fed and economy
US stocks ignored Treasury Secretary Scott Bessent, who didn't rule out a recession. Retail sales rebound in February and the ...
Bessent says there are 'no guarantees' there will not be a US recession
There are "no guarantees" there will not be a recession in the United States, although there could be an adjustment, Treasury ...