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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

Name: Sara Eisen

Employment: Bloomberg Television

Position: Correspondent

, Janet Yellen

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 11:43 pm
Owner
Type
Video
Format
MP4 (1280x720) Use clipper to adjust file type
Duration
0:00:51
Views
2
Purchases
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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