US Treasury Secretary Yellen says today was a pivotal day for the US economy


Yellen is referring to the US Congress approving the US$1.9 tln coronavirus relief bill 

More:

  • ready to get to work implementing the virus relief package
  • rather than a long, slow recovery, I expect we could reach full employment by as soon as next year

Full employment by 2022 is good news, though it m right leave Fed Chair Powell considering his options on dialling back monetary stimulus sooner than expected. 

Yellen also with the tweets:

yellen, tweet 



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By Jonathan Prop

Jonathan Prop is an independent financial advisor. He has been working in finance for the last 20 years. After retiring early in his 40s, Jonathan decided to help others get to grip with financial markets, particularly his area of expertise - forex!

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