'I don’t think this is going to be catastrophic,” he said.
Top White House economist Larry Kudlow on Friday said he didn’t think the coronavirus outbreak would cause a recession, but said that the administration may aim to implement a targeted response to the potential crisis.
“Economic in the next quarter will slow. But I don’t think this is recessionary and I don’ think this is going to be catastrophic,” he said.“We have this pretty well in hand.” The strong February job report showed the economy was entering the period of heightened uncertainty from the coronavirus with a “strong base”
And he said the White House wasn’t considering reducing punitive tariffs on goods imported from China.
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