Janet Yellen says the US economy will slow but avoid a recession while gas prices are unlikely to come down soon

Treasury Secretary Janet Yellen doesn’t think the US economy will fall into a

recession but warned gas prices won’t fall from record-highs …
Treasury Secretary Janet Yellen doesn’t think the US economy will fall into a

recession but warned gas prices won’t fall from record-highs in the near future. She also said at a New York Times DealBook event Thursday that economic growth will cool off as the

Federal Reserve tightens monetary policy.
“I don’t think we’re [going to] have a recession.

Continue reading...