Market news
08.03.2021, 14:43

U.S. Treasury Secretary Yellen: If recovery is inflationary, there are tools for that

  • COVID package will not address all long-standing economic problems
  • This is the package we need to revive our economy to where it was before the pandemic
  • Resources provided by bill will fuel a strong recovery
  • K-shaped recovery existed before COVID, now it's worse
  • Economy could get back to pre-pandemic jobs next year
  • Don't expect undesirable levels of inflation; will monitor closely

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