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Yellen ‘feeling very good’ about chances for economic soft landing
The Hill ^ | 09/11/2023 | LAUREN SFORZA

Posted on 09/11/2023 8:21:32 AM PDT by ChicagoConservative27

Treasury Department Secretary Janet Yellen said she is “feeling very good” about the U.S. making a soft economic landing without a recession.

“I am feeling very good about that prediction,” Yellen told Bloomberg when asked whether the U.S. would avoid a recession while still containing inflation. “I think you’d have to say we’re on a path that looks exactly like that.”

While inflation has dropped since its peak of 9.1 percent last June, it ticked up for the first time this year in July at 3.2 percent. This was the first increase after 13 months of falling inflation, but that does not mean high inflation rates will come back.

The Federal Reserve Board is weighing whether it should raise interest rates again at its meeting later this month in an effort for inflation to return to its 2-percent target.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: economic; landing; soft; yellen
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To: ChicagoConservative27

Retire you old bag


21 posted on 09/11/2023 8:54:46 AM PDT by toddausauras (Trump Lake 2024....Go down swinging!)
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To: ChicagoConservative27

Just an opinion, if Yellen and the rest of the so called federal reserve so called experts stepped aside and let the economy work its way out of the problems. The Federal Reserve controlling the economy is a complete farce, many of the governors picked on the basis of gender and race.


22 posted on 09/11/2023 8:55:33 AM PDT by kenmcg (ti hi o)
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To: ChicagoConservative27

Another academic idiot.


23 posted on 09/11/2023 9:11:15 AM PDT by neverevergiveup
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To: ChicagoConservative27

She’s insane. Gasoline and propane are about to skyrocket. The misery index for the average American is going to be terrible soon.


24 posted on 09/11/2023 9:16:24 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: ChicagoConservative27

When Yellen was President of the Federal Reserve Bank at San Francisco (2004 - 2020), she was feeling very good about the housing market, until it collapsed around her.

Obama appointing her to head the Federal Reserve was like appointing one of the worst students in class to run the class.


25 posted on 09/11/2023 9:16:25 AM PDT by Wuli
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To: ChicagoConservative27

Like cold fusion, it is not possible


26 posted on 09/11/2023 9:18:20 AM PDT by frogjerk (More people have died trusting the government than not trusting the government.)
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To: ChicagoConservative27

That makes me worry.


27 posted on 09/11/2023 9:20:01 AM PDT by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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To: Rastus

🎶“Falling feels like flying
Til you hit the ground..”🎶


28 posted on 09/11/2023 9:22:18 AM PDT by griswold3 (Truth, Beauty and Goodness )
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To: ChicagoConservative27

She is not an economist. She is doing the administration’s bidding, which is to lie with every word she speaks.


29 posted on 09/11/2023 9:24:46 AM PDT by I want the USA back (If genitals don't define gender, how does removing them affirm it? )
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To: ChicagoConservative27

https://www.youtube.com/watch?v=w5jkAkm4JmM


30 posted on 09/11/2023 9:45:44 AM PDT by Chickensoup (Genocide is here. Leftist extremists are spearheading the Genocide against conservatives. )
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To: ChicagoConservative27

Question: what does Janet Yellen have in common with Amelia Earhart?


31 posted on 09/11/2023 10:16:12 AM PDT by I-ambush (From the brightest star comes the blackest hole. You had so much to offer, why didya offer your sou?)
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To: ChicagoConservative27

Oil price increased 30% in 3 months. 30%.


32 posted on 09/11/2023 10:37:12 AM PDT by FlyingEagle
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To: ChicagoConservative27

It is now a metaphysical certainty we are heading for a hard landing.


33 posted on 09/11/2023 10:41:53 AM PDT by FLT-bird
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To: VTenigma
I’m scared now.

And RIGHTLY so.

She's just trying to convince folks that everything is going to be "just fine." What "BULL$HIT!"

34 posted on 09/11/2023 10:47:24 AM PDT by VideoDoctor
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To: ChicagoConservative27

35 posted on 09/11/2023 10:51:22 AM PDT by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: ChicagoConservative27

She’s 77 years old and completely out of touch.


36 posted on 09/12/2023 5:43:30 AM PDT by BubbaBasher ("Liberty will not long survive the total extinction of morals" - Sam Adams)
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