Treasury Secretary Janet Yellen says she doesn’t expect U.S. economy to enter into recession

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Open this photo in gallery: U.S. Treasury Secretary Janet Yellen speaks on the sidelines of a G20 meeting at Gandhinagar, India, on July 17.AMIT DAVE/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 on “a good path” to reducing inflation while the labor market...