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White House pushes back on Fed staff’s recession prediction

By Zach Halaschak
Published April 13, 2023 3:00pm ET
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White House pushes back on Fed staff’s recession prediction
White House press secretary Karine Jean-Pierre speaks during a press briefing at the White House, Thursday, April 6, 2023, in Washington. | (Patrick Semansky/AP)

The White House rejected a prediction on Thursday from Federal Reserve staff that the economy will land in a mild recession later this year.

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Tag:

Federal Reserve Inflation Recession