Former US Federal Reserve chair Janet Yellen says she does not “see a recession in the US as particularly likely”. Photo: AP

US recession unlikely, says former Federal Reserve chair Janet Yellen says

  • Although economic growth in the United States is slowing, it is ‘not a dangerous situation’, she says
  • Remarks echo those of Chicago Federal Reserve president Charles Evans, who put the chances of a US recession at no more than 25 per cent
Topic |   US Federal Reserve

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Former US Federal Reserve chair Janet Yellen says she does not “see a recession in the US as particularly likely”. Photo: AP
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Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.