In an interview with WBUR's “Here and Now” on Thursday, Treasury Secretary Janet Yellen said that people “tend to be pretty positive” about their financial situation, adding that “some of the concerns they express are… We need to do more with our neighbors and nations.” As the economy as a whole. He also said, “People feel okay about their situation, but they are acting as if they are worried about the economy.”
“When people are asked about their situation, they tend to be pretty upbeat about it, and I think some of the concerns they express have more to do with their neighbors and the economy as a whole,” Yellen said. ” he said. If you actually look at their spending patterns, they are doing very well. So people are acting as if they feel okay about their situation but are worried about the economy. We've been living through a period of high inflation, and I think it's going to take some time before people are convinced that it's over and that we can move forward systematically. And we are seeing the beginnings of that in our research, and we hope and believe that it will continue to improve. ”
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