(Morning News) US Financial Minister Yellen saidAlthough there is a common needs that boost global economic prospects, the "road to advance" began to resolve domestic challenges.
Yellen Wednesday (October 12) said in a speech prepared by the International Committee of the Bretton Forest System Committee."She said, although the US economy is still tough," we are highly wary of the upcoming risks. "
Yellen said that many major economies face high inflation and must continue to take "curb" measures.She refers to the most severe currency tightening actions in the world for decades.
She said, "We will also focus on the global influence of our policy.The macro tightening of developed economies may have an international spillover effect."She also said," We must be prepared to help countries in the predicament "and urge creditors to participate in debt reduction work.
Yellen was published during attending the International Monetary Fund (IMF) and the World Bank Annual Meeting.This speech. She said that the meeting "provided us with opportunities to strengthen communication and coordination."
She said:" Consolidating the global economy is our common task.Our path to solve domestic problems."
