Yellen says U.S. economy 'resilient' amid global headwinds

Department of the Treasury Secretary Janet Yellen testifies during a Senate Finance Committee hearing on Capitol Hill, Tuesday, June 7, 2022, in Washington. (AP Photo/Manuel Balce Ceneta)

U.S. Treasury Secretary Janet Yellen sought Wednesday to project confidence in the U.S. financial outlook while pledging vigilance in responding to “risks on the horizon.”

She is offering that message as global finance leaders gather in Washington to discuss the increasingly dismal view of the global economy.

“Our economy remains resilient in the face of global economic headwinds,” Yellen said in remarks prepared for delievery at a meeting on the sidelines of this week’s annual meetings of the International Monetary Fund and its sister-lending agency, the World Bank.