Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.
Treasury Secretary Janet Yellen said the U.S. can afford supporting two countries — Israel and Ukraine — simultaneously.
Yellen: “I think the answer is absolutely. America can certainly afford to stand with Israel and support Israel’s military needs, and we also can and must support Ukraine in its struggle against Russia. Look, the American economy is doing extremely well. Inflation has been high, and it has been a concern to households. It has come down considerably, at the same time, we have about the strongest labor market we have seen in 50 years with 3.8% unemployment.
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