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 Yellen says world was 'worse off' under Trump-era isolationism
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Treasury Secretary Janet Yellen criticized former President Trump's isolationist policies during a speech at the IMF and World Bank annual meetings on October 22, 2024; she stated that the Biden administration's rejection of isolationism has strengthened the U.S. economy; Yellen noted a historic labor market recovery and U.S. economic growth nearly twice as fast as other advanced economies; the IMF upgraded its U.S. economic outlook to 2.8% growth for 2024; Republicans blame the Biden administration for inflation, while voters are divided on Trump vs. Harris for economic issues; Trump proposes heavy tariffs if elected, while Harris favors international cooperation; Yellen praised Biden-Harris initiatives on climate and infrastructure.

#JanetYellen #Trump #Biden #Imf #WorldBank #Economy #Inflation #Tariffs #InternationalRelations #2024Election

https://fortune.com/2024/10/22/yellen-trump-isolationism-worse-off-imf-world-bank/