{"id":82158,"date":"2022-07-29T11:43:30","date_gmt":"2022-07-29T15:43:30","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82158"},"modified":"2022-07-29T11:26:51","modified_gmt":"2022-07-29T15:26:51","slug":"yellen-says-the-economy-is-not-in-a-recession-despite-gdp-slump","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2022\/yellen-says-the-economy-is-not-in-a-recession-despite-gdp-slump.html","title":{"rendered":"Yellen says the economy is not in a recession despite GDP slump"},"content":{"rendered":"\n<p>(CNBC) Treasury Secretary Janet Yellen said Thursday the U.S. economy is in a state of transition, not recession, despite two consecutive quarters of negative growth. Recession, Yellen insisted, is a \u201cbroad-based weakening of our economy\u201d that includes substantial layoffs, business closures, strains in household finances and a slowdown in private sector activity.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/07\/28\/yellen-says-the-economy-is-not-in-a-recession-despite-gdp-slump.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Treasury Secretary Janet Yellen said Thursday the U.S. economy is in a state of transition, not recession, despite two consecutive quarters of negative growth. Recession, Yellen insisted, is a \u201cbroad-based weakening of our economy\u201d that includes substantial layoffs, business [&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-82158","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82158","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=82158"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82158\/revisions"}],"predecessor-version":[{"id":82159,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82158\/revisions\/82159"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}