Start United States USA — Events Yellen warns that war in Ukraine will have 'enormous' global economic impact

Yellen warns that war in Ukraine will have 'enormous' global economic impact

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Treasury Secretary Janet Yellen cautioned Wednesday that Russia’s attack on Ukraine could cause a major hit to the global economy.
Treasury Secretary Janet Yellen cautioned Wednesday that Russia’s attack on Ukraine could cause a major hit to the global economy. „Russia’s actions, including the atrocities committed against innocent Ukrainians in Bucha, are reprehensible, represent an unacceptable affront to the rules-based global order, and will have enormous economic repercussions for the world,“ Yellen told a House of Representatives panel in a hearing on the world’s financial system.

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