Treasury Secretary Janet Yellen said Thursday the U.S. economy is in a state of transition, not recession, despite two consecutive quarters of negative growth. Recession, Yellen insisted, is a ...
One day after the Consumer Price Index (CPI) data showed that inflation was worse than expected in June, Treasury Secretary Janet Yellen said that “inflation in the United States remains unacceptably ...
The Treasury Department described the conversation, which also covered the impact of Russia’s war against Ukraine on the global economy, as “candid and substantive.” Treasury secretary says high fuel ...