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Zenger
Zenger
Business
Bibhu Pattnaik

Recession Is Not Completely Off The Table Despite Healthy Economy: Janet Yellen

US Treasury Secretary Janet Yellen speaks during a press conference at the Beijing American Center of the US Embassy in Beijing on July 9, 2023. (Photo by PEDRO PARDO/AFP via Getty Images)

U.S. Treasury Secretary Janet Yellen says inflation levels are still unacceptably high.

A recession is still “not completely off the table,” but the country appears to be on the right path to bring down inflation, Yellen told CBS News.

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