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Transcripts For BBCNEWS World 20240703

Speaking this morning ahead of the Imf World Bank meeting in marrakesh, ms yellen said washington was monitoring the potential Economic Impact of the escalating conflict. Well, let me say that at this stage, we are focused on human beings that have been affected by these barbaric attacks on israel and the suffering that it has caused. As President Biden said, we stand firmly behind israel and are there to support israel in any way that is necessary. And while we are monitoring potential Economic Impacts from the crisis, im not really thinking of that as a major likely driver of the Global Economic outlook. So we will see what impact it has. Thus far, i dont think we have seen anything suggesting it would be very significant, but of course we are monitoring Economic Impacts, as well. Joining me now is yael selfin, Chief Economist at kpmg uk. At this point the humanitarian but the economic effect will be heard around the world. Janet yellen saying she does not expect an Economic Impact b

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