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Yellen does not see recession in U.S. - Bloomberg interview

2023-07-17 20:52
WASHINGTON U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing
Yellen does not see recession in U.S. - Bloomberg interview

WASHINGTON U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing inflation down and she did not expect the U.S. economy to enter into a recession.

Yellen, speaking to Bloomberg TV from India during a meeting of Group of 20 finance officials, said slower growth in China could spill over to other economies, but the U.S. economy was a "a good path".

(Reporting by Andrea Shalal and Katharine Jackson; Editing by Angus MacSwan)