Yellen Says Policymakers Improving Coordination on Global Economic Challenges

Yellen Says Policymakers Improving Coordination on Global Economic Challenges
Treasury Secretary Janet Yellen speaks at a news conference during the Annual Meetings of the International Monetary Fund and World Bank in Washington on Oct. 14, 2022. Elizabeth Frantz/Reuters
Reuters
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WASHINGTON—Treasury Secretary Janet Yellen said on Friday that policymakers are improving coordination to tackle many of the challenges facing the global economy.

“Inflation is elevated in many countries. Growth is slowing globally. We are also seeing swings in capital flows and strong movements in financial markets,” Yellen said in remarks prepared for delivery at a news conference during the International Monetary Fund and World Bank annual meetings in Washington.