{"id":42608,"date":"2021-03-08T21:10:32","date_gmt":"2021-03-08T17:10:32","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=42608"},"modified":"2021-03-08T21:10:33","modified_gmt":"2021-03-08T17:10:33","slug":"yellen-relief-bill-to-fuel-strong-growth","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/yellen-relief-bill-to-fuel-strong-growth\/03\/08\/market-updates\/","title":{"rendered":"Yellen: Relief Bill to Fuel Strong Growth"},"content":{"rendered":"\n<p>The United States Secretary of the Treasury, Janet Yellen, said on Monday that the $1.9 trillion relief bill will strongly help economic recovery from the impact of the Coronavirus pandemic, Reuters reported.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cThis is a bill that will really provide Americans the relief they need to get to the other side of the pandemic, and we expect the resources here to really fuel a very strong economic recovery.\u201d<\/p><\/blockquote>\n\n\n\n<p><\/p>\n\n\n\n<p>Yellen expects the American economy will restore full employment by 2022.<\/p>\n\n\n\n<p>The Treasury Secretary dismissed worries about a surge in inflation, but pointed that the economy is facing many risks, noting that the rising Treasury bond yields are a sign of anticipating recovery.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cIf it turns out to be inflationary, there are tools to deal with that, and we\u2019ll monitor that closely.\u201d<\/p><\/blockquote>\n\n\n\n<p><\/p>\n\n\n\n<p>She also remarked that the pandemic has increased inequalities, saying, \u201cI think it\u2019s absolutely tragic, the impact that this crisis has had on women, especially low-skilled women and minorities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States Secretary of the Treasury, Janet Yellen, said on Monday that the $1.9 trillion relief bill will strongly help economic recovery from the impact of the Coronavirus pandemic, Reuters reported. \u201cThis is a bill that will really provide Americans the relief they need to get to the other side of the pandemic, and &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31976,"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":[6858],"class_list":["post-42608","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42608","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=42608"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42608\/revisions"}],"predecessor-version":[{"id":42609,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42608\/revisions\/42609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31976"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=42608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=42608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=42608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}