US economy ‘resilient’ to global turmoil, White House says

(Washington) The US executive believes that the world’s leading power “remains resilient in the face of global challenges”, the White House said on Wednesday after a meeting of several ministers and advisers around President Joe Biden.

Posted at 5:24 p.m.

The team deemed it “necessary to continue to make progress in reducing prices and in implementing historic public investments in infrastructure, industry and the energy transition” put on track since the start of the Democrat’s mandate. 79, according to a statement.

Earlier, the president’s spokeswoman, Karine Jean-Pierre, had estimated that the United States was “in a better position than other countries” at a time when warnings of a potential global economic crisis are increasing. .

The director general of the World Trade Organization on Tuesday predicted a “global recession” as the world is in the grip of “multiple crises”.

The financial situation in the UK is also causing concern.

The Bank of England intervened on Wednesday in an emergency in the face of “real risks to British financial stability”, in reaction to the turbulence triggered by an expensive budget plan from London, sharply criticized by the IMF.


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