US Debt Default Could Trigger Another Recession, Warns Treasury Secretary Janet Louise Yellen

The latest Tweet by ANI states, 'US debt default could trigger another recession, reports AFP News Agency quoting Yellen'

US Dollars | Representational Image | (Photo Credits: Xinhua/IANS)

Washington, October 5: US Secretary of Treasury Janet Louise Yellen has warned that default on US debt could trigger another recession, according to news agency AFP. Earlier, during a "Squawk Box" interview, Yellen said she believes the economy would fall into a recession if Congress fails to address the borrowing limit.

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