Yellen Credits Bidenomics-Fueled US for Brighter Global Outlook.

US Treasury Secretary Janet Yellen stated that the strong US economy has been a key driver of better-than-expected global growth, with growth at 3.1% in 2022, exceeding expectations. She also mentioned that inflation has fallen and is expected to continue decreasing in about 80% of economies. Despite acknowledging risks in the global outlook, Yellen emphasized the resilience of the global economy, with the US acting as a growth driver.

February 27, 2024
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