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Yellen says U.S. economy has made remarkable progress but more help needed

Published 05/07/2021, 12:47 PM
Updated 05/07/2021, 12:53 PM
© Reuters. U.S. Treasury Secretary Janet Yellen speaks as she joins White House Press Secretary Jen Psaki for the daily press briefing at the White House in Washington, U.S. May 7, 2021.  REUTERS/Jonathan Ernst

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday heralded the progress the economy has achieved to escape the grip of the coronavirus pandemic but said more action was needed to "build back better."

"We've made remarkable progress," Yellen told reporters at the White House. But she said jobs data for April showed that "we're not yet finished."

"As our economy continues to heal, it's important to consider ways in which we can build back better," she said.

Latest comments

so, you're going to allow the fed to feed the rich until their Billy's are full. All under the guise of helping the little guy out. the deception is real folks
JY gets it.
"And in order to show her solidarity with workers, Yellen announced that she PERSONALLY is going to hire 2 more chauffeurs and a maid."
Another qe...5 or 6 is to be considered, i think is what she meant.Rose-color glasses, anyone?
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