Q: fundamentals in the economy or the psychology? A: our actions are indeed working

In this report, we cover the key points from the video “Q: fundamentals in the economy or the psychology? A: our actions are indeed working.” Watch the full video above for complete coverage and context.

#shorts On 3/21/2023, a reporter asked White House Press Secretary Karine Jean-Pierre “Today, Treasury Secretary Yellen said the federal government could step in to protect depositors at banks if there is a risk of contagion. What does the administration think about that risk of contagion? Is that about fundamentals in the economy or the psychology of the markets?

KJP: … And there’s evidence our actions are indeed working. They’re restoring confidence in the safety of deposits …

other clips of this published longer video is here: <a href=“https://youtu.be/Qfl_j-5-AuI\” rel=“nofollow”>https://youtu.be/Qfl_j-5-AuI

Q: fundamentals in the economy or the psychology? A: our actions are indeed working

Key Points

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#shorts On 3/21/2023, a reporter asked White House Press Secretary Karine Jean-Pierre “Today, Treasury Secretary Yellen said the federal government could step in to protect depositors at banks if there is a risk of contagion

• What does the administration think about that risk of contagion
• Is that about fundamentals in the economy or the psychology of the markets
• And there’s evidence our actions are indeed working