Biden does not expect a recession, says US economy is ‘strong’
7:56 pm Tuesday, June 27th, 2023
WASHINGTON (Reuters) – President Joe Biden said on Tuesday the United States economy is “strong now” and he does not expect a recession, a day before delivering an economic policy speech in Chicago.
Biden delivered his remarks on Tuesday at a private fundraiser in Chevy Chase, Maryland.
He will deliver a speech on Wednesday in Chicago on “Bidenomics,” a catch-all term his aides use to describe his economic vision, as the president ramps up political events and travel two months after launching his re-election campaign.
(Reporting by Andrea Shalal and Nandita Bose in Washington; Editing by Chris Reese)
