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)
