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Obama Fed Chair Throws Cold Water on Liberals' 'Trump Recession' Hopes
BLUF:
On Wednesday, the Dow Jones Industrial Average dropped more than 700 points and the yield on U.S. 30-year Treasury bonds fell to a record low, sparking fears of an imminent recession. Yet Janet Yellen, former Federal Reserve chairwoman under President Barack Obama, said it is unlikely the U.S. economy is headed into a recession soon.

When asked if the U.S. economy was headed into a recession, she said, "I think the answer is most likely no."
Posted by: Besoeker 2019-08-15
http://www.rantburg.com/poparticle.php?ID=548047