Yellen says soft landing looks good, unemployment May level off
1/12/2023 7:24
Treasury Secretary Janet Yellen said she sees a good chance of the US economy achieving a soft landing, with the unemployment rate — which has ticked up in recent months — averting a sharp increase.
“Signs are very good that we’ll achieve a soft landing, with unemployment stabilizing more or less where it is, or in the general vicinity,” Yellen told reporters Thursday following a speech in North Carolina.
Source: Bloomberg
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