NEW YORK (Reuters) – U.S. Council of Economic Advisers Chair Jared Bernstein on Wednesday said he did not “thus far” see the Israel-Gaza war as an exogenous shock that could derail U.S. economic growth, but said Washington was keeping a close eye on the conflict and its impact on oil prices.
Bernstein also said he did not expect a government shutdown to put the economy into a recession, but said it was hard to know for certain without knowing the length of any potential disruption.
(Reporting by Jeff Mason; Writing by Dan Burns and Andrea Shalal; Editing by Chris Reese)
