President Donald Trump dismissed concerns about a potential recession, claiming the nation is currently experiencing a transitional phase and asserting confidence in a prosperous future. He attributed slower employment growth to a temporary period of transition, echoing his stance on the need for the Federal Reserve to reduce interest rates to stimulate economic activity. This comes amid criticism over his handling of the economy as economists warn about potential inflationary consequences of his tariffs. While stock market indices like the S&P 500 have shown gains, some analysts express skepticism regarding a swift rebound due to factors such as potential trade conflicts and the impact of Trump’s policy decisions on inflation.