Sec. Yellen on Americans Not Buying ‘Bidenomics’: ‘We’re Still in the Aftermath’ of Covid
‘The pandemic caused enormous amount of disruption in people’s lives’
Dec 12, 2023 6:00 PM
By Grabien Staff
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EXCERPT:
YELLEN: "So, I think we've been through a lot, everybody. The pandemic caused an enormous amount of disruption in people’s lives. And we’re still in the aftermath of what’s been a serious shock. And we’ve had serious global shocks. And although prices are rising at a much slower pace than they were, inflation is substantially off its highs, the level of prices of some things that people buy and are important to them are higher. A good example would be rents. Rents have gone up considerably.“
