Yellen Vows Lower Rates, Infrastructure Boost

U.S. Treasury Secretary Janet Yellen has expressed the administration's determination to lower interest rates, as indicated in a recent interview with Fox. Yellen's comments come amidst ongoing discussions about tariffs and the performance of the stock market. She emphasized that the U.S. government is focusing on the medium-term perspective, stating that "Wall Street is doing well, and Wall Street can continue to perform well... we will rebalance the economy." Additionally, Yellen mentioned that the U.S. is currently in a "transition" regarding tariffs on Canada and Mexico.

In a separate development, Yellen has been vocal about the need for infrastructure investment to boost economic growth. She has called for a significant increase in infrastructure spending, stating that it would create jobs and stimulate the economy. Yellen has also emphasized the importance of addressing income inequality and promoting inclusive growth.

Yellen's comments on interest rates and infrastructure investment reflect the administration's broader economic agenda. The Treasury Secretary has been a strong advocate for policies that support economic growth and job creation, while also addressing longstanding economic challenges. Her remarks underscore the administration's commitment to a balanced approach to economic policy, focusing on both short-term and long-term priorities.

In the global context, Yellen's comments on interest rates and infrastructure investment have been met with interest from international partners. Other countries have been watching the U.S. economic policy closely, as it has significant implications for the global economy. Yellen's remarks have been seen as a sign of the U.S. government's commitment to working with international partners to promote economic growth and stability.

As the U.S. economy continues to evolve, Yellen's comments on interest rates and infrastructure investment highlight the administration's focus on fostering a strong and resilient economy. Her remarks underscore the importance of a balanced approach to economic policy, one that addresses both short-term and long-term priorities. As the U.S. government works to navigate the complexities of the global economy, Yellen's comments offer a glimpse into the administration's economic priorities and its commitment to promoting economic growth and stability.