WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing inflation down and she did not expect the U.S. economy to enter into a recession.
Yellen, speaking to Bloomberg TV from India during a meeting of Group of 20 finance officials, said slower growth in China could spill over to other economies, but the U.S. economy was a “a good path”.
(Reporting by Andrea Shalal and Katharine Jackson; Editing by Angus MacSwan)
