US Treasury Secretary Janet Yellen commented on the strong Q4 GDP data, attributing it to robust spending and productivity improvements. She expressed confidence that the performance does not pose an inflationary threat and does not foresee a recession this year. Yellen also indicated uncertainty regarding where interest rates will settle post-pandemic.
Treasury Secretary Janet Yellen said it’s not yet clear where interest rates will settle after the volatility of the pandemic and the post-Covid recovery, suggesting a shift in her views on the issue over the past year https://t.co/rV8FAn81tb via @economics @chrisjcondon
Treasury Secretary Janet Yellen said it’s not yet clear where interest rates will settle after the volatility of the pandemic and the post-Covid recovery, suggesting a shift in her views on the issue over the past year. https://t.co/L8Yl7z2kPp
⚠️ JUST IN: *TREASURY SECRETARY JANET YELLEN SAYS SHE SEES ‘NO REASON’ FOR A RECESSION THIS YEAR: ABC DO YOU AGREE OR DISAGREE? 🇺🇸🇺🇸 https://t.co/d3H8QinoHU
Yellen: strong US GDP growth signals productivity gains, not inflation https://t.co/bVg0aAJL9Z https://t.co/ptarpNgytY
YELLEN DOES NOT FORECAST ANYTHING IN #GDP REPORT THAT THREATENS 'SOFT LANDING' SCENARIO FOR US ECONOMY
US Tsy Sec. Yellen: Strong US Q4 GDP Data Driven By 'Strong, Healthy Spending' And Productivity Improvements - GDP Performance Is 'A Good Thing,' Not Likely Creating An Inflationary Challenge - Does Not See Anything In GDP Report Threatening 'Soft Landing' Scenario
🔴 US TREASURY SECRETARY YELLEN: I DO NOT SEE ANYTHING IN THEGDP REPORT THAT THREATENS A SOFT LANDING SCENARIO FOR US ECONOMY.