Yellen says not seeing signs of weakening labor market that would bring recession fearsUS Treasury Secretary Yellen comments via news sources:
Economists who predicted that taming inflation would require very
high unemployment are 'eating their words'- Not seeing usual
signs of weakening labor market that would bring fears of recession - U.S. Growth will
come down, but not seeing weakness on spending side of economy - Demand continues to
be adequate to power US Economy forward at trend-growth-like rates
Also comments on geopolitics from Yellen:
US would be 'responsible for e's defeat' if Biden funding
request fails to win approval by congress- US aid to e
'utterly essential' to keep government operating, maintain IMF
financial support to e
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Yellen says not seeing signs of weakening labor market that would bring recession fears (https://www.forexlive.com/news/yellen-says-not-seeing-signs-of-weakening-labor-market-that-would-bring-recession-fears-20231206/)
forexlive.com