Joe Biden reassured Americans: the United States is not facing a recession.
According to him, the country still has the lowest unemployment rate in the history of the state.
In my opinion, we are not facing a recession. The unemployment rate remains the lowest in history, at around 3.6%, – President of the TASS agency.
He noted that investment processes continue in the United States, and also expressed hope for a transition from rapid to stable growth.
And we will see a slight reduction. God willing, we won’t see a recession, I believe,” Biden said.
Earlier, some American economists said that the United States was moving towards recession.
Skeptical analysts have criticized the Fed’s efforts to curb inflation by raising interest rates.
They believe that in this way they can provoke an economic recession.
