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Janet Yellen Expects ‘Enormous Economic Repercussions’ From Ukraine Invasion

Janet Yellen Expects ‘Enormous Economic Repercussions’ From Ukraine Invasion

Treasury Secretary Janet Yellen predicted that the world will see “enormous economic repercussions” from the Russian invasion of Ukraine.

In prepared remarks delivered on Wednesday to the House of Representatives’ Committee on Financial Services, the Biden administration official began by affirming the importance of international financial institutions — such as the International Monetary Fund and World Bank — as “critical to addressing the challenges we face today,” such as recovery from COVID-19 and climate change.

 

Janet Yellen Expects ‘Enormous Economic Repercussions’ From Ukraine Invasion
Brenae Willis

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