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Yellen Says Signs of US Recession Aren’t in Sight for Now

  • Treasury secretary says Fed will succeed in inflation fight
  • Would be ‘amazed’ if NBER were to declare formal recession
Janet Yellen

Janet Yellen

Photographer: Valeria Mongelli/Bloomberg

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Treasury Secretary Janet Yellen expressed confidence in the Federal Reserve’s fight against inflation and said she doesn’t see any sign that the US economy is in a broad recession.