Investor Alert

Feb. 25, 2021, 8:50 a.m. EST

Yellen describes vaccines as global economy's 'strongest stimulus' in G-20 letter

Treasury Secretary Janet Yellen on Thursday said vaccinations are the strongest stimulus that countries can provide to the world economy, in a letter to Group of 20 countries . "A rapid and truly global vaccination program is the strongest stimulus we can provide to the global economy," Yellen told her colleagues in the organization, which includes China and India. The Treasury secretary urged G-20 nations to increase their support of programs designed to deliver vaccines to all parts of the world, and also called on them to keep up "significant fiscal and financial policy actions" to support economic recovery.

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