Trump shrugs off recession fears, saying a downturn would be OK in the long term

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Trump shrugs off recession fears, saying a downturn would be OK in the long term | CNN Business

//business-finance.news-articles.net/content/202 .. n-would-be-ok-in-the-long-term-cnn-business.html

Published in Business and Finance on Friday, May 9th 2025 at 8:00 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

President Donald Trump appeared to dismiss growing concerns that his economic policies could cause a recession, telling NBC News that the economy would be "OK" in the long term even if a recession happens in the near future.

- Click to Lock Slider

In an interview on NBC's "Meet the Press" on May 2, 2025, former President Donald Trump discussed the looming threat of a recession, attributing it to the current administration's economic policies. Trump criticized the handling of inflation and rising interest rates, suggesting that his economic strategies during his presidency would have prevented the current economic downturn. He also touched on the impact of global events on the U.S. economy, emphasizing the need for stronger trade policies and less reliance on foreign markets. Trump's comments come at a time when economic indicators are showing signs of distress, with many experts predicting a recession in the near future.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/02/business/trump-recession-nbc-meet-the-press ]