Long-awaited easing: The secrets of America's economic success

U.S. Treasury Secretary Janet Yellen recently made a series of optimistic statements, one of which concerned the successful navigation of the American economy through challenging times. However, according to Yellen, we have no reason to worry: "No red lights are flashing." These words came amid growing expectations that the economy could avoid recession and successfully achieve what is referred to as a "soft landing."

Yellen noted that sustainable labor force growth and improved labor market conditions signify overall economic stability. She pointed out that recent employment and wage data support this positive trend, forecasting further economic recovery.

Furthermore, the Treasury Secretary emphasized that this situation also reflects the results of economic measures taken earlier to support the economy during the pandemic. These measures, including program payments and support for small businesses, have proven successful and contributed to overall stability.

Yellen also discussed the influence of external factors on the economy, such as inflation and unstable international markets, affirming that current challenges are under control. An important point is that the American economy demonstrates considerable resilience in the face of a shifting global landscape.

With Yellen's words, the current state of the economy can be characterized as optimistic, which may strengthen the confidence of investors and citizens in stability and further growth. Despite some concerns regarding inflation and rising interest rates, the department assures that there are tools available to manage these risks.

Thus, in light of recent statements, it can be expected that the U.S. economy will continue to develop positively, relying on its internal stability and favorable labor market dynamics.

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