Tag Archives Jackson Hole Summit

Yellen: Fed Will Need ‘Luck’ & ‘Some Skills’ To Get ‘Soft Landing’

Treasury Sect. Yellen says the Federal Reserve needs "luck" and skills to avoid an economic crash

Treasury Secretary Janet Yellen struck a hopeful tone in the Federal Reserve achieving a soft landing, saying the Central Banks will need some “luck” and “some skills,” but warned that a looming recession will be a “risk” for the Biden administration in the upcoming months.

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