{"id":81828,"date":"2022-06-20T00:49:08","date_gmt":"2022-06-20T04:49:08","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81828"},"modified":"2022-06-20T00:23:40","modified_gmt":"2022-06-20T04:23:40","slug":"u-s-recession-isnt-inevitable-but-inflation-is-unacceptably-high-treasury-secretary-yellen-says","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2022\/u-s-recession-isnt-inevitable-but-inflation-is-unacceptably-high-treasury-secretary-yellen-says.html","title":{"rendered":"U.S. recession isn\u2019t \u2018inevitable,\u2019 but inflation is \u2018unacceptably high,\u2019 Treasury Secretary Yellen says"},"content":{"rendered":"\n<p>(CNBC) The recession that many Americans fear is coming is not \u201cat all imminent,\u201d Treasury Secretary Janet Yellen said Sunday. Talk of a recession has accelerated this year as inflation remains high and the Federal Reserve takes aggressive steps to counter it. On Wednesday, the Fed announced a 75 basis point interest rate hike, its largest since 1994. Fed Chair Jerome Powell also indicated the Federal Open Market Committee\u2019s intent to continue its aggressive path of monetary policy tightening in order to rein in inflation.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/06\/19\/treasury-secretary-janet-yellen-says-recession-isnt-inevitable.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The recession that many Americans fear is coming is not \u201cat all imminent,\u201d Treasury Secretary Janet Yellen said Sunday. Talk of a recession has accelerated this year as inflation remains high and the Federal Reserve takes aggressive steps to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81828","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81828"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81828\/revisions"}],"predecessor-version":[{"id":81829,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81828\/revisions\/81829"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}