President Joe Biden on Monday played down the potential for a U.S. recession, as he responded to questions from reporters following a virtual event on a microchips bill. “God willing, I don’t think we’re going to see a recession,” Biden said. He said the unemployment rate is “still one of the lowest we’ve had in history,” people are still investing, and his hope is the country goes from “rapid growth to steady growth.”
Source: Marketwatch
