Trump administration briefing: President downplays market volatility; US placed on civic decline watchlist


Source: theguardian.com theguardian.com

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Donald Trump has refused to rule out the possibility the US economy will head into recession this year and that inflation will rise, as his chaotic trade tariffs policy caused uncertainty and market turbulence. The US president predicted that his economic goals would take time and a period of transition to bear fruit. But when asked in an interview with the Fox News show Sunday Morning Futures “are you expecting a recession this year?” he demurred. “I hate to predict things like that. There is a period of transition, because what we’re doing is very big. We’re bringing wealth back...