Yellen Confident in a Soft Landing for the US Economy

12 September 2023

Treasury Secretary Janet Yellen remains optimistic about managing inflation without significant job market damage, referencing data indicating a gradual inflation slowdown and more individuals seeking employment. However, some analysts remain skeptical, given the ongoing challenges of inflation control. Yellen also downplays concerns over China’s efforts to boost the influence of the BRICS group, emphasizing the continued importance of the G-20 as the primary forum for global cooperation.

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