Treasury Secretary says US not in recession but acknowledges high inflation
  • 2 years ago
Treasury Secretary says US not in recession but acknowledges high inflation

US Treasury Secretary Janet Yellen refuses to say the US is in a recession, citing areas of strong economic growth, but acknowledges the "real" pressure on families from inflation. "We simply haven’t seen anything like this since the 1970s," Yellen says of inflation during her press conference from Washington.

Video by: AFP

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