US Treasury Secretary Yellen says overall economic outlook ‘reasonably bright’, despite some global downside risks
"I wouldn't overdo the negativism about the global economy," Yellen said, when asked about a slightly trimmed IMF global growth forecast for 2023 which warned that a flare-up of financial system turmoil could slash output to near recessionary levels. "I think we should be more positive."
Yellen said the US labor market was strong, but inflation remained too high - Image Source: