WASHINGTON — The USA isn’t at the moment in a recession or in a “pre-recession,” the White Home stated on Wednesday because the Federal Reserve Board raised rates of interest to attempt to battle inflation.
White Home press secretary Karine Jean-Pierre declined to touch upon Fed financial coverage after the Fed raised charges by three quarters of a proportion level.
RELATED STORY:
extra warning indicators of recession dangers forward…
Carry on studying: US is not in recession or pre-recession — White House
