Yellen: US Economy Has Achieved a ‘Soft Landing’

Remarks come after better-than-expected December jobs report.

Treasury Secretary Janet Yellen speaks at an event on the Biden Administration’s economic strategy toward the Indo-Pacific in Washington on Nov. 2, 2023. Madalina Vasiliu/The Epoch Times

The U.S. economy has achieved the goal of a “soft landing” as inflation slows without enduring an economic downturn, says Treasury Secretary Janet Yellen.

Appearing on CNN shortly after the release of the December jobs report on Jan. 5, Ms. Yellen revealed that she thinks the current economic conditions could be described as a soft landing.