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The uncertainty surrounding the outlook for the US economy is increasing. Following remarks by President Trump, US financial officials expressed a cautious view in an interview last weekend, indicating that a recession cannot be ruled out. Market participants are increasingly wary of the risk of an American downturn, and policymakers are also voicing similar concerns.
However, the official remained cautious when asked about the likelihood of a financial crisis materializing during a NBC program appearance. When asked whether a recession under the Trump administration could be avoided, he responded, “There are no guarantees. Unpredictable events like the COVID-19 pandemic can occur at any time, and no one knows when they will happen.”
The government aims to achieve sustainable and stable economic policies and believes it is necessary to gradually move away from reliance on large-scale fiscal spending. When asked about the risks that the economic adjustment process might lead to a recession, he expressed a confident view, stating, “There are reasons why such concerns are unlikely to materialize.”
Meanwhile, regarding the recent correction phase in the US stock market, he considers it a healthy adjustment process. He predicted that market sentiment would improve as the government pushes forward with positive measures such as a competitive tax system, regulatory environment improvements, and energy security. His statements suggest confidence in the framework of medium- to long-term economic policies rather than short-term market fluctuations.