May 1, 2020 9:30 AM

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US President Trump predicts major economic rebound in coming months

<span style="color: #222222;">US President Donald Trump tried to dispel economic gloom, saying he is anticipating a major rebound in the coming months and a spectacular 2021.<br />''<br />''While economists are warning of serious long-term damage as the country plunges into recession because of the coronavirus, Mr Trump is predicting a strong fourth quarter thanks to pent-up demand.<br />''<br />''Talking to reporters in the Oval Office of the White House in Washington during a meeting with New Jersey Governor Phil Murphy, the US President said, America can actually surpass where they were.</span><br />

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