US Commerce Secretary Gina Raimondo spoke over the weekend in an interview on US TV - ABC "This Week"

  • "I don't see any reason to think that we will have a serious recession,"
  • said the "fundamentals" of the U.S. economy are "very strong"
  • tackling inflation is "our top priority"
  • "We've recovered all the jobs since the pandemic. People's household balance sheets are strong," she said. "Companies are doing well. Companies are hiring, companies are growing."

Her comments come after a strong jobs report Friday:

nonfarm payrolls