Treasury Sec. Yellen: US recession is not inevitable – by fx_ross UnitedStates DollarIndex
Reuters reports that the US Treasury Secretary Janet Yellen on Thursday said the Biden administration was listening to concerns raised by European allies over the US Inflation Reduction Act, a $430 billion green energy subsidy package.
"Recession is not inevitable," Yellen told reporters. She declined to say whether the dollar had peaked against other currencies.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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