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Treasury Secretary Confident: No Recession Expected in 2026

Source: Treasury secretary says there won't be a recession in 2026 (2025-11-23)

Despite recent concerns about economic slowdown, Treasury Secretary Scott Bessent confidently states that the United States will not face a recession in 2026. In an interview with NBC News’ “Meet the Press,” Bessent emphasized his optimism about the overall economy, even as some interest rate-sensitive sectors show signs of recession. This positive outlook aligns with recent economic data indicating resilient consumer spending, low unemployment rates, and steady GDP growth. Additionally, the Federal Reserve’s recent interest rate adjustments aim to balance inflation control with economic stability, further supporting Bessent’s forecast. Experts note that technological innovation, a strong labor market, and ongoing government investments are likely to sustain economic growth into 2026. Furthermore, recent developments include a surge in renewable energy investments, advancements in artificial intelligence, and a robust stock market performance, all contributing to a favorable economic outlook. The U.S. government’s strategic fiscal policies and international trade agreements are also expected to bolster economic resilience. As the global economy navigates uncertainties such as geopolitical tensions and supply chain disruptions, the U.S. remains positioned for growth, with analysts predicting a continuation of positive economic indicators. Bessent’s confidence offers reassurance to investors and consumers alike, signaling a promising economic landscape for 2026.

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