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US economy faces ‘tough months ahead’ before staging a strong recovery, Treasury Secretary Yellen says

Janet Yellen

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The US economy will struggle for at least a few more months before falling COVID-19 cases and stimulus can drive a full recovery, Treasury Secretary Janet Yellen said Thursday.

In her first television interview since being confirmed last week, Yellen emphasized the importance of using stimulus to bridge the final months of the virus-induced slump.

The Treasury secretary has spent much of her first days in office pushing for President Joe Biden’s $1.9 trillion relief package. Democrats have taken steps to pass the measure without Republican support. But even with additional fiscal relief, the economy is details ⇒

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