Biden Excludes Recession and Describes the U.S. Economy as "Strong"

U.S. President Joe Biden stated that "the economy of the United States is strong at this time," noting that he does not expect a recession. This remark came a day before he is scheduled to deliver a special speech on economic policy in Chicago. Biden made his comments yesterday, Tuesday, at a special fundraising event in Maryland. He is set to deliver a speech today, Wednesday, in Chicago regarding his economic policy, as the president intensifies political activities and travel following the launch of his re-election campaign two months ago.