{"id":200688,"date":"2021-03-08T16:00:08","date_gmt":"2021-03-08T21:00:08","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=200688"},"modified":"2021-03-08T16:00:10","modified_gmt":"2021-03-08T21:00:10","slug":"yellen-passage-of-covid-relief-bill-will-get-labor-market-back-on-track-despite-inflation-fears","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/yellen-passage-of-covid-relief-bill-will-get-labor-market-back-on-track-despite-inflation-fears\/","title":{"rendered":"Yellen: Passage of COVID relief bill will get labor market back on track despite inflation fears"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fyellen-passage-of-covid-relief-bill-will-get-labor-market-back-on-track-despite-inflation-fears%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=200688&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2383742\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2383742\" class=\"wp-caption-text\">FILE \u2013 In this Dec. 13, 2017 file photo, Janet Yellen spoke during a news conference following the Federal Open Market Committee meeting in Washington. (AP Photo\/Carolyn Kaster, File)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 12:45 PM PT \u2013 Monday, March 8, 2021<\/h5>\n<p>Treasury Secretary Janet Yellen is banking on the COVID relief bill to get the country back on track, while downplaying concerns of inflation.<\/p>\n<p>During an interview with the International Monetary Fund on Monday, Yellen claimed the measure would \u201cfuel a very strong economic recovery.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">[STARTING NOW] A conversation on women, work, and leadership<br \/>with <a href=\"https:\/\/twitter.com\/KGeorgieva?ref_src=twsrc%5Etfw\">@KGeorgieva<\/a> and <a href=\"https:\/\/twitter.com\/JanetYellen?ref_src=twsrc%5Etfw\">@JanetYellen<\/a>. <a href=\"https:\/\/twitter.com\/hashtag\/ChooseToChallenge?src=hash&amp;ref_src=twsrc%5Etfw\">#ChooseToChallenge<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/IWD2021?src=hash&amp;ref_src=twsrc%5Etfw\">#IWD2021<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Womenonmics?src=hash&amp;ref_src=twsrc%5Etfw\">#Womenonmics<\/a><a href=\"https:\/\/t.co\/4zclgh7FuG\">https:\/\/t.co\/4zclgh7FuG<\/a><\/p>\n<p>\u2014 IMF (@IMFNews) <a href=\"https:\/\/twitter.com\/IMFNews\/status\/1368940377571475460?ref_src=twsrc%5Etfw\">March 8, 2021<\/a><\/p>\n<\/blockquote>\n<p>The $1.9 trillion relief bill is expected to pass the House on Tuesday, likely along party lines. Yellen\u2019s comments came amid renewed fears that the stimulus package will increase inflation and further add to the growing national debt.<\/p>\n<p>\u201cWe\u2019re hoping that this week a large pandemic package is going to be passed in Congress,\u201d Yellen stated. \u201cI think there\u2019s a prospect that with an all-out effort on vaccination and reopening schools, that we can really get the labor market back on track later this year or next year.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Senate took a critical step today.<\/p>\n<p>With the economy down 9.5 million jobs since February 2020, it could be 2 years before the labor market simply reaches its pre-pandemic level. These high rates of job loss threaten the wellbeing of workers &amp; their families.<\/p>\n<p>\u2014 Secretary Janet Yellen (@JanetYellen) <a href=\"https:\/\/twitter.com\/JanetYellen\/status\/1368299567494672396?ref_src=twsrc%5Etfw\">March 6, 2021<\/a><\/p>\n<\/blockquote>\n<p>Republicans have criticized the bill for measures that would bail out blue states floundering amid lockdown orders and allocate money to schools without guarantees of them reopening for in-person learning.<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/cdc-announces-new-guidelines-for-vaccinated-americans\/\">CDC Announces New Guidelines For Vaccinated Americans<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>FILE \u2013 In this Dec. 13, 2017 file photo, Janet Yellen spoke during a news conference following the Federal Open Market Committee meeting in Washington. (AP Photo\/Carolyn Kaster, File) &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2275587,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-200688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/200688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=200688"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/200688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2275587"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=200688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=200688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=200688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}