Treasury Sec. Yellen: ‘I See the U.S. Economy Being on a Strong Growth Spurt at the Moment’

EXCERPT:

YELLEN: "Well, I see the U.S. economy being on a strong growth spurt at the moment. Unemployment has been falling fast, we have seen over 500,000 jobs a month since President Biden was elected. And I think that’s going to continue into next year, driving down unemployment. So, you know, there’s strong support for economic growth that’s coming from policy and from the buffer stock of savings households have built up. So, it’s up to the Fed to decide just how much monetary policy support is necessary, given those other factors."