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In a wide-ranging Reuters Next interview, U.S. Treasury Secretary Janet Yellen said economic growth for the first quarter could be revised higher and inflation will ease to more normal levels after a clutch of “peculiar” factors held the economy to its weakest showing in nearly two years. She added that the Biden administration is keeping all options open to respond to threats from China’s excess industrial capacity. Yellen also said that a U.S. proposal for using the interest earnings from $300 billion in frozen Russian assets to aid Ukraine could win broad support from G7 allies. 🔗 Read more highlights from the interview at our link in bio. #Reuters #video #news #business #economy #JanetYellen #reels #inflation #interest #interestrates #treasury #money #finances

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