Biden has said that the risk of a recession in the US is very low

Biden has said that the risk of a recession in the US is very low.

Previously in November, he said that were not anywhere near a recession right now.

He said: “Today’s report shows that we are making progress on bringing inflation down, without giving up all of the progress we have made on economic growth and job creation,” he said.

“My economic plan is showing results, and the American people can see that we are facing global economic challenges from a position of strength.”

In October, he said previously that: should there be a recession, it will be "very slight."

Biden addressed the predictions of a recession, saying, "they've been predicting this off and on."

Read more: https://unusualwhales.com/news/biden-has-said-were-not-anywhere-near-a-recession-right-now