{"id":41921,"date":"2021-02-23T17:37:26","date_gmt":"2021-02-23T13:37:26","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=41921"},"modified":"2021-02-23T17:37:27","modified_gmt":"2021-02-23T13:37:27","slug":"yellen-stimulus-plan-sucess-depends-on-unemployment-returns-to-pre-pandemic-levels","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/yellen-stimulus-plan-sucess-depends-on-unemployment-returns-to-pre-pandemic-levels\/02\/23\/market-updates\/","title":{"rendered":"Yellen: Stimulus Plan Sucess Depends on Unemployment Returns to Pre-pandemic Levels"},"content":{"rendered":"\n<p>US Treasury Secretary Janet Yellen said that the verdict on the success of President John Biden&#8217;s stimulus plan will be how quickly it will return the economy to pre-pandemic unemployment levels and restore jobs in the service sector.<\/p>\n\n\n\n<p>Speaking at a webinar, Hunt Yellen also discussed the rise in public debt levels that would result from Biden&#8217;s $1.9 trillion US recovery plan currently being discussed by Congress.<\/p>\n\n\n\n<p>Because of lower interest rates, she said, US interest payments as a share of GDP are at 2007 levels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Treasury Secretary Janet Yellen said that the verdict on the success of President John Biden&#8217;s stimulus plan will be how quickly it will return the economy to pre-pandemic unemployment levels and restore jobs in the service sector. Speaking at a webinar, Hunt Yellen also discussed the rise in public debt levels that would result &hellip;<\/p>\n","protected":false},"author":9,"featured_media":41922,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7265],"class_list":["post-41921","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-janet-yellen"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=41921"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41921\/revisions"}],"predecessor-version":[{"id":41923,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41921\/revisions\/41923"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/41922"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=41921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=41921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=41921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}