Yellen: Even Though Inflation Hasn't Declined, We're on Path to Reducing Inflation and Avoiding Recession

During an interview with NBC News on Monday broadcast on Monday's edition of MSNBC's "The 11th Hour," Treasury Secretary Janet Yellen said she can't rule out the possibility of a recession, there is a path to reducing inflation while still having a strong job market, and we're on the path to doing so, even though "we've not seen inflation come down."