US Economy ‘On the Right Track,’ Yellen Says on 1st Anniversary of Inflation Reduction Act

The U.S. economy is “on the right track” because of the significant investments emanating from President Joe Biden’s signature Inflation Reduction Act, Treasury Secretary Janet Yellen said close to the first anniversary of the legislation’s signing.

U.S. Secretary of the Treasury Janet Yellen delivers remarks at Johns Hopkins University’s School of Advanced International Studies (SAIS) in Washington on April 20, 2023. Anna Moneymaker/Getty Images

The U.S. economy is “on the right track” because of the significant investments emanating from President Joe Biden’s signature Inflation Reduction Act, Treasury Secretary Janet Yellen said close to the first anniversary of the legislation’s signing.

Ms. Yellen delivered an economic pitch to the International Brotherhood of Electrical Workers 357 Training Center close to the Las Vegas strip, championing the current administration’s record on the economy.