US President Biden says there will no US recession in 2023 or 2024

US President Biden is speaking in an interview with US media, PBS.Earlier:US President Biden says relations with China have not taken a big hitBiden adding those 'no recession' remarks. Its not unusual for senior politicians to goose economic comments, so take this with a grain of salt. The very strong recent jobs report does tend to support his assertion though. ICYMI:Forexlive Americas FX news wrap: US jobs report was a "WOW" numberAnd its set off a conga line of Federal Reserve officials singing from the same sheet on the likelihood of further rate hikes:Forexlive Americas FX news wrap: US dollar climbs as risk appetite slumpsvia GIPHY This article was written by Eamonn Sheridan at www.forexlive.com.

US President Biden says there will no US recession in 2023 or 2024

US President Biden is speaking in an interview with US media, PBS.

Earlier:

Biden adding those 'no recession' remarks. Its not unusual for senior politicians to goose economic comments, so take this with a grain of salt. The very strong recent jobs report does tend to support his assertion though. ICYMI:

And its set off a conga line of Federal Reserve officials singing from the same sheet on the likelihood of further rate hikes:

via GIPHY

This article was written by Eamonn Sheridan at www.forexlive.com.