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Date
Summary
Treasury Sec. Yellen: ‘I See the U.S. Economy Being on a Strong Growth Spurt at the Moment’ (clip)
Source
CNBC
Name: CNBC
URL: http://www.cnbc.com/
Show
Closing Bell
Name: Closing Bell
URL: http://www.cnbc.com/id/15838421
Persons
Sara Eisen
, Janet Yellen
Name: Sara Eisen
Employment: Bloomberg Television
Position: Correspondent
Name: Janet Yellen
Employment: U.S. Department of the Treasury
Position: Secretary of the Treasury
Event
Event location
–
Link
–
Original recording
Uploaded
11/22/2021 10:43 pm
Owner
Type
Video
Format
MP4 (1280x720)
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Duration
0:00:51
Views
2
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0
Transcript
EISEN If the Fed ░░░░░░░░ quicker to taper pair ░░░░░░░░ its stimulus and acts ░░░░░░░░ to raise interest rates ░░░░░░░░ that risk a recession ░░░░░░░░ choking off the growth ░░░░░░░░ Well I see the ░░░░░░░░ S economy being on ░░░░░░░░ strong growth spurt at ░░░░░░░░ moment Unemployment has been ░░░░░░░░ fast we have seen ░░░░░░░░ 500 000 jobs a ░░░░░░░░ since President Biden was ░░░░░░░░ And I think that ░░░░░░░░ going to continue into ░░░░░░░░ year driving down unemployment ░░░░░░░░ you know there s ░░░░░░░░ support for economic growth ░░░░░░░░ s coming from policy ░░░░░░░░ from the buffer stock ░░░░░░░░ savings households have built ░░░░░░░░ So it s up ░░░░░░░░ the Fed to decide ░░░░░░░░ how much monetary policy ░░░░░░░░ is necessary given those ░░░░░░░░ factors.”
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