Political Quotes

Janet Yellen: “A recession is a broad-based contraction that affects many sectors of the economy. We just don't have that.”

On the recordJuly 23, 2022
A recession is a broad-based contraction that affects many sectors of the economy. We just don't have that.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Janet Yellen discusses the current economic situation and emphasizes that the economy is not in a recession despite some signs of slowing.

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