Yellen Shifts Tone and Says Global Outlook Improving
- US Treasury chief speaks at G-20 finance meeting in India
- Yellen highlights resilient US economy, moderating inflation
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The global economy is in a better place today than many predicted months ago, US Treasury Secretary Janet Yellen said Thursday, while reiterating her calls for support to Ukraine on the eve of the one-year anniversary of Russia’s invasion.
Yellen’s comments, delivered at a press conference in Bengaluru, India, where finance ministers and central bank governors from the Group of 20 countries are gathering Feb. 22-25, highlight a shift in tone on the global economic outlook from the last time the world’s top policymakers met in October.