• U.S. Treasury Secretary Yellen: We have some tough months ahead

Market news

4 February 2021

U.S. Treasury Secretary Yellen: We have some tough months ahead

  • We need to act big to provide bridge and avoid scarring in the economy
  • Small businesses need help to get to the other side
  • U.S. president Biden would like to do this on bipartisan basis
  • We need to make sure markets are functioning properly
  • We will discuss if recent events warrant further action
  • We will look to understand what transpired before taking action
  • We're faced with not one but two crises, pandemic and economic
  • I want to be sure Americans don't suffer needlessly

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