Janet Yellen, the U.S. Treasury Secretary, dismisses concerns of a recession and announces the economy to be "robust" on GMA.

"You don't have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years." Treasury Secretary Janet sits down for an exclusive interview with ABC News Chief Anchor George Stephanopoulos to discuss the state of the economy, recession fears and President Joe Biden's upcoming State of the Union address. READ MORE: #abcnews #stateoftheunion #recession #inflation #economy #janetyellen #gma #news...(read more)

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Janet Yellen, the U.S. Treasury Secretary, has rejected fears of a possible recession and stated that the country's economy is "strong". Speaking on the Good Morning America show, Yellen expressed optimism and confidence in the future of the American economy. Yellen's comments came amid concerns raised by experts and analysts about the possibility of a recession in the wake of the COVID-19 pandemic. Some have suggested that the recent slowdown in job growth and rising inflation could be early signs of an economic downturn. However, Yellen dismissed these fears, stating that the economic recovery is proceeding "remarkably well". She pointed out that the economy has come a long way since the height of the pandemic-induced recession and that the government's stimulus efforts have helped bolster economic growth. Yellen emphasized that the Biden administration's policies, including the American Rescue Plan and the proposed infrastructure package, will further support the country's economic recovery. She also highlighted the importance of addressing longstanding structural issues such as income inequality and climate change. Yellen's positive outlook on the American economy has been echoed by others in the Biden administration, including President Biden himself. In a recent speech, Biden emphasized the need to invest in infrastructure as a way to create jobs and stimulate economic growth. However, some analysts remain cautious and warn about the risks of a potential recession. They cite factors such as rising interest rates, supply chain disruptions, and ongoing trade tensions as potential threats to the economy. Despite these concerns, Yellen's statements offer a glimmer of hope and suggest that the American economy is on a path to recovery. With continued government support and a focus on addressing underlying structural issues, the country may be able to build a stronger, more resilient economy for the future. https://inflationprotection.org/janet-yellen-the-u-s-treasury-secretary-dismisses-concerns-of-a-recession-and-announces-the-economy-to-be-robust-on-gma/?feed_id=92037&_unique_id=644ac288277e5 #Inflation #Retirement #GoldIRA #Wealth #Investing #abc #abcnews #biden #bideneconomy #bidensotu #cpireport #George #gma #goodmorningamerica #Inflation2023 #inflationreport #Janet #Janetyellen #janetyellen2023 #janetyelleninterview #joe #news #Of #p_cmsid2494279 #p_vidnews96917799 #recession2023 #Secretary #SOTU #sotu2023 #state #stateoftheunion2023 #Stephanopoulos #the #Treasury #treasurysecretary #union #useconomy #USTreasury #Yellen #RecessionNews #abc #abcnews #biden #bideneconomy #bidensotu #cpireport #George #gma #goodmorningamerica #Inflation2023 #inflationreport #Janet #Janetyellen #janetyellen2023 #janetyelleninterview #joe #news #Of #p_cmsid2494279 #p_vidnews96917799 #recession2023 #Secretary #SOTU #sotu2023 #state #stateoftheunion2023 #Stephanopoulos #the #Treasury #treasurysecretary #union #useconomy #USTreasury #Yellen