Associated Press: The US Economic Report is about to present the Treasury Secretary Yellen to conceal the seriousness of the problem.

Author:China Well -off Time:2022.07.26

China Well -off Network, July 25th. Old Malaysia US Finance Minister Jennite Jendon said on Sunday that the US economy is slowing down, but it is pointed out that the health recruitment has proved that it has not fallen into a decline.

U.S. Finance Minister Yellen

The Associated Press AP reported that before a series of economic reports will be released this week, Yellen delivered a speech in the "Meeting with the Media" program of the National Broadcasting Corporation (NBC). These reports will reveal that it is currently inflation and high interest ratesThreat economy.These data will cover new house sales, consumer confidence, income, expenditure, inflation and overall output.

The most striking report may be released on Thursday, and the Ministry of Commerce will release its first estimate of economic output from April to June.Some economists predict that it may shrink in the second quarter in a row.Economic atrophy in January to March 1.6%.Two consecutive negative readings are considered to be an informal definition of recession, although in this case, economists believe this is a misleading.

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