U.S. Treasury Secretary Benson stated that there is no reason to expect an economic recession, and that the basic economic conditions are "healthy." He believes that it is unwise to demand assurances that a recession will not occur.

PANews reported on March 18 that US Treasury Secretary Benson said: It is foolish to ask for guarantees that there will not be a recession. There is no reason to think there will be a recession. The basic economy is "healthy".

U.S. Treasury Secretary Benson: There is no reason to expect an economic recession; the economic situation is healthy.