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Reuters
Reuters
Business

If there is a recession, it will be "very slight," Biden says

Joe Biden Recession
FILE PHOTO: U.S. President Joe Biden delivers remarks following a tour of IBM in Poughkeepsie, New York, U.S., October 6, 2022. REUTERS/Tom Brenner/File Photo

U.S. President Joe Biden said in an interview released on Tuesday that he did not think there would be a recession, but that if it happened it would only be "very slight."

"I don’t think there will be a recession," he told CNN.

"If it is, it’ll be a very slight recession. That is, we’ll move down slightly."

(Reporting by Costas Pitas in Los Angeles; Editing by Caitlin Webber in Washington)

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