White House says 'no recession in sight' despite market turmoil
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WASHINGTON (Reuters) - White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States."There is no recession in sight," White House economic adviser Larry Kudlow said on "Fox News Sunday.""Consumers are working. Their wages are rising. They are spending and they are saving...I think we are..