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There are currently no signs that the United States has entered a recession despite the world’s largest economy recording a contraction in the first quarter, the US Treasury Secretary said Tuesday. “I believe in data, and there is nothing in the data that shows that we are in a recession,” Scott Bessent told lawmakers during […]
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No signs of US recession, Treasury Secretary says
There are currently no signs that the United States has entered a recession despite the world’s largest economy recording a contraction in the first quarter, the US Treasury Secretary said Tuesday. “I believe in data, and there is nothing in the data that shows that we are in a recession,” Scott Bessent told lawmakers during