Janet Yellen says ‘there is good reason to worry’ about the US economy sliding into recession

Janet Yellen says ‘there is good reason to worry’ about the US economy sliding into recession

US News Rank

Janet Yellen
Scott Mlyn | CNBC

NEW YORK — Pronounced wealth inequality that has built up for decades poses a major threat to a U.S. economy that is in otherwise “excellent” shape, former Federal Reserve Chair Janet Yellen said Thursday.
The central bank leader from 2014-18 also said the U.S.-China tariff war is having a detrimental impact both on businesses and consumers through higher prices and…

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