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Cathie Wood has weighed in on the debate on whether the United States economy is in a recession or not and her verdict backs ...
The Bank of England recently raised hackles by predicting that the economy would shrink in the final quarter of 2022, with ...
(CNN)President Joe Biden and White House officials are ... a second consecutive negative quarter of GDP it does not mean the US is in a recession. Using an argument that the White House used ...
Faced with sinking public confidence, US President Joe Biden has tried ... that the economy was "not going to be in a recession". The Republican party accused Mr Biden of trying to "rebrand ...
Republicans have warned that 'Democrats will pay the price in November' after it passed the Inflation Reduction Act of 2022 ...
Inflation, measured by the Fed’s preferred gauge—the personal consumption expenditures price index, or PCE—was running close ...
US Treasury Secretary Janet Yellen said on Sunday that US economic growth is slowing and acknowledged there was the risk of a recession, but she said a downturn was not inevitable. Yellen ...
As countless economists and journalists have reminded us ... "That's not what we're seeing right now.” President Joe Biden also disputed the idea that the economy is now in a recession.
MORE: Recession isn't 'inevitable' but inflation ... Susan Walsh/AP "This is Joe Biden's recession. Biden can lie and deflect blame all he wants, but that will not alleviate the pain Americans ...
New economic data clearly illustrated that America is experiencing a recession. President Biden seems to be the only person ...