Tag: Janet Yellen
Without food or energy prices, the consumer-price index rose 4.6% which was the highest rate since 1991.
Treasury Sec Yellen Drops Brutal Truth Bomb, Says Biden's Historic Inflation Will Last Until Dec 2022
“We have tools to address it.”
“Our tax revenues are already at their lowest level in a generation.”
“This is just the start for us.”
“I am urging our partners to continue a strong fiscal effort and avoid withdrawing support too early.”
“I am confident that people will reach the other side of this pandemic with the foundations of their lives intact.”
“We expect the resources here to really fuel a very strong economic recovery.”
“The parts that are permanent, will be paid for in order to not raise long-term deficits.”
“We’ve seen early data that suggest Black workers will be the last rehired when the economy opens back up.”
“I think we know what those needs are and we need to act forcefully.”
Senate Majority Leader Chuck Schumer said Yellen had made history for a second time, seven years after she became the first woman to chair the Federal Reserve.
“There is no question she is qualified for this role.”