Treasury Secretary Yellen on Ukraine, inflation and the debt ceiling
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Today, Treasury chief Janet Yellen joined "Marketplace" host Kai Ryssdal to discuss global and domestic economic concerns. Plus, the shifting definition of "discretionary" spending.
Segments From this episode
The Treasury secretary says "people don't need to lose their jobs" to cool down the labor market.
The yield for a two-year note is roughly a whole percentage point higher than the yield on the 10-year Treasury right now. And that often precedes a recession.
Retailers’ financial results show weaker spending on nonnecessities like electronics. Here's where consumers are pulling back.