Yellen Very Optimistic About US Economy

Janet Yellen, Secretary of the U.S. Treasury and UN Special Envoy on Climate Ambition and Solutions Michael R. Bloomberg at The Bloomberg Transition Finance Action Forum in New York, Sept. 19, 2023 (Bryan Bedder/Getty Images)

Tuesday, 03 October 2023 03:59 PM EDT ET

U.S. Treasury Secretary Janet Yellen said Tuesday she was very optimistic about the outlook for the U.S. economy.

Yellen also said interest rates would return to more normal levels in the medium term.

Commenting on artificial intelligence, Yellen said progress in that field was "unbelievably rapid" and could make a significant difference in productivity.

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U.S. Treasury Secretary Janet Yellen said Tuesday she was very optimistic about the outlook for the U.S. economy.
yellen, u.s. economy
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2023-59-03
Tuesday, 03 October 2023 03:59 PM
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