Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs
NBC News·2025-11-23 14:53
Let me ask you big picture, Mr. . Secretary. You said earlier this month, I'm going to quote you.Quote, "I think there are sectors of the economy that are in a recession." Kevin Hasset, director of the National Economic Council, said, quote, "We're starting to see pockets of the economy that look like they might be in a recession." Which parts of the economy do you believe have dipped into a recession. Well, clearly h housing has been struggling and the you know so in interest rate sensitive sectors have ha ...