Yellen says U.S. economy has made remarkable progress but more help needed


U.S. Treasury Secretary Janet Yellen speaks as she joins White House Press Secretary Jen Psaki for the daily press briefing at the White House in Washington, U.S. May 7, 2021. REUTERS/Jonathan Ernst

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday heralded the progress the economy has achieved to escape the grip of the coronavirus pandemic but said more action was needed to “build back better.”

“We’ve made remarkable progress,” Yellen told reporters at the White House. But she said jobs data for April showed that “we’re not yet finished.”

“As our economy continues to heal, it’s important to consider ways in which we can build back better,” she said.

Reporting by Steve Holland; writing by Tim Ahmann; Editing by Chizu Nomiyama


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