Yellen Warns That Recession Remains Possible Despite Strong U.S. Economy

Yellen expects economic growth and job gains to slow to more moderate levels.
Inflation is still too high but there are paths to easing price growth without severely impacting labor market.
The Federal Reserve may raise interest rates again this year, increasing the chance of a mild recession in 2023.
Yellen's meeting with China aims to improve relations, though export restrictions remain a concern.
Key economic indicators like unemployment at 3.6% in June show a strong economy but job growth slowed since December.