Political Quotes

Janet Yellen: “I would be amazed if the NBER would declare this period to be a recession, even if it happens to have two quarters of…”

On the recordJuly 23, 2022
I would be amazed if the NBER would declare this period to be a recession, even if it happens to have two quarters of negative growth.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Janet Yellen expresses her belief that the economy is strong enough to avoid being classified as in a recession.

Share

More from Janet Yellen

Apr 29, 2024

He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy.

congress.gov
Jun 11, 2025

The Fed does not have a 'good handle on how the tariffs are going to affect either spending in the labor market or inflation.'

nbcnews.com
Jul 8, 2024

The tax cuts passed by Donald Trump and Congressional Republicans... was responsible for many of the problems that we face now with our fiscal trajectory.

congress.gov
Jun 3, 2024

We share the objective that you have which is to rid ourselves of dependence on China.

congress.gov

Other voices in this conversation