Yellen: US Economy Strong, Options Open On China Overcapacity

• Yellen highlights US economy strength, positive indicators.

• Concerns raised about China's overcapacity in certain industries.

• Yellen willing to explore solutions for China's overcapacity issue.

U.S. Treasury Secretary Janet Yellen attends an interview with Reuters in Washington

Reuters

During a recent interview, former Federal Reserve Chair Janet Yellen expressed confidence in the strength of the US economy. Yellen highlighted the positive indicators, emphasizing the robust performance of various sectors.

Yellen also addressed concerns regarding China's overcapacity in certain industries. She stated that all options are being considered to address this issue, indicating a willingness to explore potential solutions.

Yellen's remarks come at a time of economic uncertainty globally, with trade tensions and market fluctuations impacting economies worldwide. Her insights provide valuable perspective on the current economic landscape and potential challenges ahead.

As a respected economist and former central bank official, Yellen's views carry significant weight in financial circles. Her assessment of the US economy and stance on addressing China's overcapacity will likely influence policy discussions and market dynamics moving forward.