In an interview on Fox News’s “Sunday Morning Futures,” President Donald Trump confirmed that economic growth might slow down this year and that inflation might rise. He argued that the benefits of his policies would take time to materialize and dismissed market fluctuations as temporary. He also downplayed the connection between his tariff policy and inflation. Analysts remain skeptical, particularly in light of a recent warning from the Atlanta Federal Reserve that the U.S. economy may contract in the first quarter. Nonetheless, Commerce Secretary Wilbur Ross denied any possibility of a recession under Trump’s administration.

Source: https://www.theguardian.com/us-news/2025/mar/09/trump-recession-trade-tariffs