HawkInsight

  • Contact Us
  • App
  • English

Former US Treasury Secretary Yellen: The possibility of a US economic recession has increased significantly "

Internet reports, according to a report by the British "Financial Times" on May 1, former US Treasury Secretary Yellen said that the US government's tariff policy will have an "extremely adverse" impact on the United States, and American consumers and businesses will be negatively affected. Affected by tariff policies, the United States "the possibility of economic recession has increased significantly." The day before, former U.S. Treasury Secretary Summers also said that the market expects that the U.S. economy has a 70% chance of falling into recession this year. If the U.S. government does not adjust its economic policies as soon as possible, the U.S. economic situation will only deteriorate further, and the United States is now on the wrong path. (CCTV News)

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More