Treasury Secretary Bessent says there are 'no guarantees' there will not be a US recession
- Treasury Secretary Scott Bessent stated there are 'no guarantees' that the United States will avoid a recession, emphasizing the uncertainty in current economic conditions.
- U.S. Stock markets experienced sharp declines amidst concerns over President Donald Trump's tariff policies, which could lead to an economic slowdown.
- Bessent ruled out a financial crisis but emphasized the need for durable policies and a reduction in government spending.
- Market analysts noted that the Federal Reserve may need to reconsider economic projections following the implementation of new tariffs.
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80 Articles
80 Articles
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Left
10
Center
20
Right
19
Coverage Details
Total News Sources80
Leaning Left10Leaning Right19Center20Last UpdatedBias Distribution41% Center
Bias Distribution
- 41% of the sources are Center
41% Center
L 20%
C 41%
R 39%
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