US recession not 'inevitable', says Treasury secretary - CNA


6/19/2022 12:00:00 AM2 years 10 months ago

WASHINGTON: A recession in the United States is not "inevitable", Treasury Secretary Janet Yellen said on Sunday (Jun 19), just days after the US Federal Reserve hiked interest rates, raising fears of an economic contraction. "I expect the economy to slow"…

WASHINGTON: A recession in the United States is not "inevitable", Treasury Secretary Janet Yellen said on Sunday (Jun 19), just days after the US Federal Reserve hiked interest rates, raising fears o… [+1282 chars]

full article...