Speaking on ABC News this Sunday, Yellen offered some of the same dubious talking points when asked to respond to news that 44 percent of economists expect a recession to break out within the next year.
“Well, I expect the economy to slow. It’s been growing at a very rapid rate as the the labor market has recovered and we have reached full employment. It’s natural now that we expect to transition to steady and stable growth. But I don’t think recession is at all inevitable,” she said. More