Janet Yellen: “I would be amazed if the NBER would declare this period to be a…”

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.

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Democratic · California

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

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

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I do have concern about where we are going unless we undertake some significant steps to reduce the budget deficit.

Mar 3, 2025

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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…”