The National Bureau of Economic Research makes the final call based on three factors. It’s a private organization.

President Donald Trump downplayed growing recession fears and reaffirmed his economic ambitions in a recent interview with NBC News’ Meet the Press moderator Kristen Welker, conducted at his Mar-a-Lago residence in Florida.

President Donald Trump's aggressive economic policies, including sweeping tariffs and confrontational trade strategies, are raising alarms among economists about a potential recession. Learn

As the Federal Reserve holds interest rates steady for the third consecutive meeting, the economic debate intensifies: is a recession on the horizon? Financial analyst Jay Hatfield talks about it.

It comes as Ford said it plans to raise prices on some vehicles by as much as $2,000, citing “some tariffs we are facing.”

Federal Reserve Chair Jerome Powell had the economy on course for a soft landing. The president’s trade war threatens that.