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US Treasury Secretary Yellen highlights the strong US economy and healthy labor market contributing to global economic performance. The IMF warns the US about spending and debt levels, driven by Covid-related stimulus and infrastructure investments. Yellen mentions US efforts to mitigate risks to the global economy and strengthen the IMF with robust loan programs.
BREAKING NEWS THE INTERNATIONAL MONETARY FUND IS WARNING THAT THE UNITED STATES FISCAL STANCE RISKS GLOBAL FINANCIAL INSTABILITY You don't say?
US TREASURY SECRETARY YELLEN: WE AREFOCUSED ON STRENGTHENING IMF, PUSHING FOR STRONG LOAN PROGRAMS WITH ROBUST CONDITIONALITY TO HELP RESTORE STABILITY.
IMF IS CONCERNED ABOUT MEDIUM-TERM US FISCAL TRAJECTORY.
