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Janet Yellen still sees a soft landing despite latest disappointing jobs report

  • Viktoria Dendrinou, Madlin Mekelburg, Bloomberg--Fortune
  • published date: 2024-09-07 22:19:31 UTC

Monthly job gains are at about the level needed to absorb new entrants to the labor market, Yellen said.

Treasury Secretary Janet Yellen said there are no red lights flashing for the financial system, and reiterated her view that the US economy has reached a soft landing even as job growth weakens.For t… [+4202 chars]