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The US economy is robust but slowing in some parts = Treasury Secretary Yellen | Reuters

US Treasury Secretary Yellen said on Thursday that the US economy was doing well on strong consumer spending, but that some regions were slowing. He said he expected inflation to continue to fall over the next two years. He gave an interview to CNBC. (2023 REUTERS/Elizabeth Frantz)

[ワシントン 7日 ロイター] – US Treasury Secretary Yellen said on Thursday that the US economy is doing well on the back of strong consumer spending, but that some regions are slowing down. He said he expected inflation to continue to fall over the next two years. He gave an interview to CNBC.

Banks could face challenges related to commercial real estate as rising interest rates and widespread telecommuting reduce demand for office space, Yellen said, but stress tests show banks have enough capital. Banking regulators said they watching the situation closely.

Asked if he supported further consolidation among banks, he said that while the current diverse banking system of strong community, regional, and large banks is a “strength” for the US economy, further consolidation is unlikely to occur . I replied that it was possible. “Certainly in this environment, some banks are under pressure on their earnings, which gives them some incentive to consolidate.

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