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

Yellen: Current situation points to a soft landing

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.

Check Also

Jobs Surge Drowned Out by Trade Chaos: US Stocks Shrug as Tariffs Take Center Stage”

The latest nonfarm payrolls report for March delivered a stunner: 228,000 new jobs, a clear …