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<title>Yellen says more shocks likely to &#x26;#x27;challenge the economy&#x26;#x27;</title>
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<description>Treasury Secretary Janet Yellen said Thursday the global pandemic and Russia&#x26;#x2019;s invasion of Ukraine highlight the possibility of big economic shocks in the future, adding that downturns are &#x26;#x201C;likely to continue to challenge the economy.&#x26;#x201D; Her address at the Brookings Institution looked at lessons learned from economic downturns of the past and said countries need to build in &#x26;#x22;recession remedies&#x26;#x22; to protect people in the U.S. and globally going forward. With &#x26;#x201C;large negative shocks&#x26;#x201D; inevitable, she said, policymakers have learned from the Great Recession that it&#x26;#x27;s imperative to exit economic downturns &#x26;#x201C;as quickly as possible.&#x26;#x201D; &#x26;#x201C;Countries will fare better if...</description>
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<pubDate>Fri, 29 Apr 2022 19:03:57 GMT</pubDate>
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