US Treasury Secretary: US Investment Boom Underway, Government Shutdown Causing Daily Loss of $15 Billion

BlockBeats News, October 15th, U.S. Treasury Secretary Yellen stated on Wednesday that the investment surge into the U.S. economy is sustainable and just getting started, but the current government shutdown is increasingly becoming a hindrance. Speaking at an event during the annual meetings of the International Monetary Fund and the World Bank in Washington, Yellen said, "There is pent-up demand in the market, and President Trump has unleashed that economic prosperity through his policies." She added, "The only thing currently holding us back is this government shutdown." Yellen pointed out that the shutdown has already begun to cost the U.S. economy about $15 billion in output per day. (FXStreet)