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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

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