Yellen Says China’s Slowdown Is ‘Risk Factor’ for US Economy
- US economy still growing, labor market strong, she says
- Americans doing well; see wider economy as weak, Yellen says
This article is for subscribers only.
Treasury Secretary Janet Yellen called China’s economic woes a “risk factor” for the US, but one that doesn’t significantly dent her optimism for the American economy.
“China’s slowdown will have the largest impact on its Asian neighbors, but there will be some spillovers to the United States,” Yellen told reporters following a speech in Las Vegas, where she’s touting the economic policy accomplishments of the Biden administration.