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US Treasury Secretary Yellen: The US economy is stable and moving towards a "soft landing"

US Treasury Secretary Yellen: The US economy is stable and moving towards a "soft landing"

Bitget2024/09/08 03:33

U.S. Treasury Secretary Yellen stated that the U.S. economy is in good shape, and the recent lukewarm employment data indicates a soft landing for the economy rather than a recession. Yellen said there have been no significant layoffs in the U.S., indicating a "deep recovery" of the economy.

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