Her comments came as the International Monetary Fund is preparing to cut its forecasts for global growth.
“When you look at the balance sheet of the typical American family, it is in very good shape," she said.
The Treasury secretary predicted the turbulence created by Russia sanctions won't include an economic downturn.
There's been a deterioration in the ability to buy or sell a security without moving its price.
She also called the U.S. labor market “exceptionally strong.”
Disruptions caused by the Covid-19 pandemic have limited the supply of many goods.
Congressional leaders have just two weeks to work through their impasse.
The revelation sets up yet another political battle in Congress over the raising of the federal debt limit.
Yellen repeated that she expects inflation to decline by the second half of 2022.
Expanding central clearing and improving transparency around dealing activity are among the areas of focus.
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