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Treasury Secretary Bessent says there are 'no guarantees' there will not be a US recession

  • Treasury Secretary Scott Bessent stated there are 'no guarantees' the U.S. will avoid a recession, emphasizing the unpredictability of future events like COVID-19 during an interview on NBC's 'Meet the Press.'
  • Treasury Secretary Scott Bessent stated, 'There are no guarantees' that the U.S. will avoid a recession, emphasizing the uncertain economic climate due to various factors.
  • Concerns over tariff policies have intensified fears of a recession, as analysts noted that the Federal Open Market Committee will need to 'rethink their projections' due to the tariffs already in effect.
  • U.S. stock markets experienced sharp declines last week due to uncertainties around policies, particularly regarding tariffs.
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The US Secretary of the Treasury Scott Bessent defines the decline in the stock market as' healthy '. Discover the New York Times analysis of Trump and Bessent's policies.

·Milan, Italy
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  • 49% of the sources are Center
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Fortune broke the news in New York, United States on Tuesday, March 4, 2025.
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