The Limited Times

Yellen, I expect growth slowdown but not recession

6/9/2022, 11:29:46 PM

"I expect a slowdown in growth, but I don't think we're going to have a recession." This was stated by US Treasury Secretary Janet Yellen, noting that there is a 20% chance of recession every year. (HANDLE)

(ANSA) - NEW YORK, June 10 - "I expect a slowdown in growth, but I don't think we will have a recession".

US Treasury Secretary Janet Yellen states this, noting that there is a 20% chance of recession every year.

Saying that she is focused on inflation, Yellen points out that the Fed is at the forefront of the fight against high prices.


   (ANSA).