NEW YORK: The United States is unlikely to suffer an economic downturn despite sky-high inflation, US Treasury Secretary Janet Yellen said on Thursday (Friday in Manila).

"There's nothing to suggest that there's a recession in the works," she said during an interview at The New York Times' economic forum.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details