U.S. recession isn't 'inevitable,' but inflation is 'unacceptably high,' Treasury Secretary Yellen says - CNBC


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

Talk of a recession has accelerated this year as inflation remains high and the Federal Reserve takes aggressive steps to counter.

The recession that many Americans fear is coming is not "at all imminent," Treasury Secretary Janet Yellen said Sunday. Talk of a recession has accelerated this year as inflation remains high and th… [+1310 chars]

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