Open Demo Account
Home / Market Update / Forex Market / Yellen: Current situation points to a soft landing

Yellen: Current situation points to a soft landing

Mohamed Abdelhamid 5 January, 2024 7:29 pm Forex Market, Market Update

According to US Treasury Secretary Yellen, she stated that the pessimism regarding the economy had been proven unwarranted.

Yellen noted that certain surveys were starting to indicate increased optimism among Americans.

Yellen described the current situation as a “soft landing”, indicating that there was no substantial impact on energy prices from the disruptions in Red Sea shipping.

Tags

Check Also

Swiss Franc Edges Up Amid U.S. Tariff Pressures on Gold Exports

The Swiss Franc (CHF) gained slightly against the U.S. Dollar (USD) on Friday, with the …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends