US Treasury Secretary Yellen: A soft landing is “possible”
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Speaking at a New York Times event early Thursday, US Treasury Secretary Janet Yellen said that the US economy will likely be able to achieve a so-called “soft landing,” in which inflation slows without tipping the economy into a sharp recession.
“I believe there is a path by which a soft landing could happen.”
“I believe there are risks to that path, but I believe it is certainly possible for us to have a soft landing.”
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