US recession not ‘inevitable,’ Treasury secretary says

US recession not ‘inevitable,’ Treasury secretary says

This post was originally published on this site A recession in the United States is not “inevitable” but the economy is likely to slow, Treasury Secretary Janet Yellen said Sunday, days after the US Federal Reserve hiked interest rates, raising fears of a contraction. “I expect the economy to slow”...

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Yellen to Face Inflation Questions From Lawmakers

Yellen to Face Inflation Questions From Lawmakers

This post was originally published on this siteThe Treasury secretary will appear in front of lawmakers this week as she and the Biden administration face scrutiny over high inflation and how they have addressed it.

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