Former US Treasury Secretary Janet Yellen: The probability of a US recession has risen significantly
2025-05-01 23:03:13
According to the British "Financial Times" report 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 by it. Affected by the tariff policy, the US "the possibility of economic recession has increased significantly". The previous day, former US Treasury Secretary Summers also said that the market expects that the US economy has a 70% chance of falling into recession this year. If the US government does not adjust its economic policy as soon as possible, the economic situation in the United States will only deteriorate further, and the United States is now on the wrong path. (CCTV News)
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