US Treas Sec Yellen said she is feeling confident about a soft landing for the US economy
<p>US Treasury Secretary Janet Yellen spoke with media on her way back from the G20 weekend summit. </p><p>Bloomberg (gated) reporting:</p><ul><li> she’s increasingly confident that the US will be able to contain inflation without major damage to the job market</li><li>“Every measure of inflation is on the road down” </li><li>said that while the US unemployment rate increased in August after reaching the lowest levels in more than a half-century earlier this year, that jump wasn’t caused by a large wave of layoffs</li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
Leave a Comment