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Scott Bessent: ‘I can’t guarantee’ America will avoid a recession
I would never bet on recession. No chance,” Commerce Secretary Howard Lutnick said on NBC’s “Meet the Press” over the weekend. Meanwhile, on the same program, Treasury Secretary Scott Bessent said ...
Forbes Recession Tracker: Recession Odds Spike As Trump’s Tariff ‘Liberation Day’ Approaches
Goldman Sachs economists hiked their odds of a recession over the next year from 20% to 35% in a downbeat note to clients ...
Could Trump's Tariffs Lead to a Recession? What Experts Say
Economists have offered their views on whether Trump's "Liberation Day" will spell triumph or disaster for the U.S. economy.
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Forbes Recession Tracker: Economists Warn Trump Could Be ‘Author Of A Deep Recession’
In subsequent media appearances, Treasury Secretary Scott Bessent similarly declined to dismiss a potential recession and said the U.S. will go through a “detox period.” Bessent told NBC’s “Meet the ...
IMF's Georgieva says recession is not on the horizon despite tariff worries
U.S. President Donald Trump's push for sweeping tariffs is creating great uncertainty and denting confidence but is not ...
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Trump officials justify the threat of a recession — but they’d feel the pain, too
The pain a recession would impose on Americans and the economy might be a fair trade, they believe, for imposing their vision ...
US Treasury Sec. Bessent says Trump will announce a maximum for tariffs, countries can then bring them down
US Treasury Secretary Scott Bessent said late Tuesday that the amounts announced on Wednesday are the highest the tariffs will go. However, countries could then take steps to bring the tariffs down.
Wednesday is tariff ‘Liberation Day.’ Here’s what Trump says is coming
President reverses staffers’ promises of a narrowed approach on new trade levy package, says it will impact ‘essentially all’ ...
There is talk of Trump triggering a recession. But the bond market isn't playing along.
U.S. bond yields haven't exactly been cooperating with talk from the Trump administration that a recession can't be ruled out ...
IMF’s Georgieva: Recession not on the horizon despite tariff worries
US President Donald Trump’s push for sweeping tariffs is creating great uncertainty and denting confidence but is not likely to trigger a near-term recession, International Monetary Fund (IMF)Managing ...