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Trump declines to rule out 2025 US recession

Quotes

    • 88:88
      Determining whether Donald Trump is causing a recession involves examining several aspects of his economic policies,
      Newsweek
      the bot said
    • 88:88
      The potential for a recession is still a topic of debate among experts,
      Newsweek
      it concluded
    • 88:88
      On the other hand, ... there are arguments that while Trump's policies might lead to immediate economic challenges, they may not necessarily cause a full recession."
      Newsweek
      it continued
    • 88:88
      Greg Daco
      Consumer spending is the main pillar of the US economy; so, if it were to start cracking, then that would remove one of the main foundations of the US economy, and could precipitate a recession,
      CNN
      Daco said
    • 88:88
      Greg Daco
      What you have right now is a lack of clarity of policy, a lack of clarity of policy intention and a lack of clarity as to the objectives of policy,
      CNN
      Daco said
    • 88:88
      Greg Daco
      We’re not seeing any indication that there is an imminent recession, but we are seeing signs that private sector activity is cooling,
      CNN
      Daco said
    • 88:88
      Greg Daco
      We have to be careful with that definition,
      CNN
      Gregory Daco, chief economist at EY Parthenon, told CNN Monday
    • 88:88
      There has to be some persistence. So, it can’t just be a one-month mishap with consumer spending or employment, or whatever economic data we get — it has to last some time.”
      CNN
      He added
    • 88:88
      It can’t just be a blip in economic activity,
      CNN
      he said
    • 88:88
      There isn’t necessarily a reason to be extremely concerned about an imminent recession, because we’re coming out of two very strong years of growth, ... an environment where income growth was strong, where productivity growth was strong, where consumer spending growth is strong and, really, where the economy overall was quite strong.”
      CNN
      he said
    • 88:88
      JD Vance
      That is a way better security guarantee than 20,000 troops from some random country that hasn’t fought a war in 30 or 40 years.”
      Guardian
      Pressing the case for a mineral deal with the US as the best guarantor, Vance told Fox News
    • 88:88
      There's going to be no recession in America. ... If Donald Trump is bringing growth to America, I would never bet on recession, no chance."
      CNBC
      Speaking Sunday to NBC's "Meet the Press," Commerce Secretary Howard Lutnick said
    • 88:88
      There's going to be a natural adjustment as we move away from public spending to private spending,
      CNBC
      Bessent said Friday on CNBC
    • 88:88
      What we're doing is we're building a tremendous foundation,
      CNBC
      Trump said on the Fox show
    • 88:88
      There are a lot of reasons to be extremely bullish about the economy going forward,
      CNBC
      he said
    • 88:88
      What I have to do is build a strong country,
      CNBC
      he said
    • 88:88
      I don't think we will talk about a U.S. recession. The U.S economy is resilient, I would say, largely despite Donald Trump,
      CNBC
      Holger Schmieding, chief economist at Berenberg Bank, told CNBC's "Squawk Box Europe" on Monday
    • 88:88
      U.S. consumers have money to spend, [and] they probably will. The labor market in the U.S. remains reasonably firm, and with energy prices coming down a bit and probably some tax cuts and deregulation coming, I don't think there's an imminent recession risk,
      CNBC
      Nonetheless ... according to Schmieding
    • 88:88
      Foreign goods may get a little more expensive. But American goods are going to get cheaper".
      Saudi Gazette
      Speaking on NBC on Sunday, Lutnick said
    • 88:88
      It takes a little time, but I think it should be great for us,
      Saudi Gazette
      Trump added