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Archive for: recession
Treasury Chief Yellen Tells CNN No ‘Signs of a Recession’ After Strong GDP Report
Secretary of the Treasury Janet Yellen informed CNN that she sees no “signs of a recession” after a GDP file that was once better than expected, and amid months of critics saying the U.S. is already in a recession or headed for one. On Thursday morning, model-new financial numbers confirmed a better-than-expected […]
‘Doesn’t Look Like We’re In A Recession’: CNBC Anchor Says 2.6% GDP Number Could Signal ‘Soft Landing’ For Economy
CNBC host Joe Kernan said the latest GDP record “doesn’t appear as if we’re in a recession,” and wondered if the latest news could portend a “comfortable landing” for the economy. President Joe Biden — together with many economists, reality-checkers, news outlets, and Fox Information personalities from a couple of years ago — has consistently stated that […]
Peter Doocy and Karine Jean-Pierre Spar Over Biden Adviser’s New Definition of a Recession: ‘What Changed?’
Peter Doocy and White House Press Secretary Karine Jean-Pierre sparred Wednesday after the former cited that White Home economic adviser Brian Deese up to date his definition of a recession. The technical definition of an economic recession has been extensively regularly occurring for decades as two consecutive quarters of bad financial […]
CNN’s Cillizza Rips WH for Spin on Recession Definition: ‘You Don’t Get to Change the Nomenclature… Because it Doesn’t Work for You’
CNN’s Chris Cillizza accused the Biden administration of attempting to move the purpose posts concerning what constitutes a recession on Monday. With fears the American economy is already in decline, the White House issued a report remaining week to inform people how economists determine “whether or not the economic system […]
Biden Says U.S. is NOT Going Into a Recession When Pressed By Fox News
Kevin Dietsch/Getty Pictures Fox News White Home Correspondent Peter Doocy questioned President Joe Biden on the stability U.S. economic system, to which Biden denied claims that a recession is on the horizon. Doocy often sparred with the former White Home Press Secretary Jen Psaki and has begun doing the identical […]
Biden officials say recession isn’t ‘inevitable,’ gas tax holiday remains a possibility
Vitality Secretary Jennifer Granholm says whereas a federal gas tax vacation would ease pump costs, it additionally takes funding from infrastructure projects. &#a hundred and sixty; &#one hundred sixty;&#one hundred sixty; &#a hundred and sixty;
George Stephanopoulos Presses Treasury Secretary on Whether Recession is ‘Inevitable’: Are You and Biden Are ‘Too Optimistic?’
ABC News’ George Stephanopoulos quizzed Treasury Secretary Janet Yellen over the chance that inflation and excessive costs will lead the US into a recession. Stephanopoulos interviewed Yellen on Sunday for This Week, and commenced asking her concerning the rising choice of economists who say the chance of recession in the subsequent […]
