Biden says a very mild recession is possible, but he doesn’t anticipate one

WASHINGTON — President Biden played down the likelihood of a recession during a television interview Tuesday, and said if there was one, it would be « very mild. »

“I don’t think there will be a recession. If so, it will be a very mild recession. That is, we’re going to go down a little bit,” Biden said in an interview with CNN. He later said, « Look, it’s possible. I don’t anticipate it. »