US Treasury Secretary Janet Yellen insists that the country's banking system is 'sound and resilient', adding that it has strong capital and liquidity. AFP
US Treasury Secretary Janet Yellen insists that the country's banking system is 'sound and resilient', adding that it has strong capital and liquidity. AFP

Business

Economy

US Treasury chief Janet Yellen downplays recession fears and expects economy to grow

The dramatic collapses of Silicon Valley Bank and Signature Bank prompted authorities to step in to prevent contagion

AFP

April 08, 2023