• U.S. Treasury Secretary Yellen Addresses Chamber Members at Annual Meeting

    U.S. Treasury Secretary Yellen Addresses Chamber Members at Annual Meeting
















     


    If you did not have a chance to join us for the Annual Meeting, read the below coverage and see what U.S. Treasury Secretary said about the state of the economy and the outlook for 2022, including inflation, supply chains, the labor force and climate. 

    Providence Business News
    Treasury Secretary Yellen credits government stimulus programs for faster-than-expected recovery
    Six years and a devastating health and economic crisis separate U.S. Treasury Secretary Janet Yellen’s two addresses to the Greater Providence Chamber of Commerce. While the world has changed drastically since Yellen last addressed Chamber members at a May 2015 event, not all those changes have been bad. In a virtual address at the Chamber’s annual meeting on Monday night, Yellen pointed to improvements in unemployment rates and GDP as evidence that the country is, by some measurements, in better shape than it was six years ago.

    Bloomberg
    Yellen Sees Monthly Inflation Back in 0.2% Range Later in 2022
    Treasury Secretary Janet Yellen expects inflation to subside in the latter part of next year as more Americans get back to work, consumer demand shifts toward services and supply-chain issues abate.

    Providence Business Journal
    Pandemic progress will vanquish inflation, Yellen tells Greater Providence Chamber
    U.S. Treasury Secretary Janet Yellen told the Greater Providence Chamber of Commerce on Monday that the nation's economy is rebounding and that inflation should abate during the first half of 2020, but only if pandemic progress is made.

    Boston Globe
    Yellen: Despite Labor Supply Chain Issues, 'Our Recovery Is On Track'



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