Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.
Trump Aides Raise Recession Fears, and Point Fingers at the Fed
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Factories and Manufacturing, Federal Reserve Bank of New York, Federal Reserve System, Institute for Supply Management, Interest Rates, Kugler, Adriana, Miran, Stephen, Powell, Jerome H, Recession and Depression, Regulation and Deregulation of Industry, Treasury Department, Trump, Donald J, United States Economy, United States Politics and Government, White House Council of Economic Advisers