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Yellen says economy on 'soft landing' path, Fed's policy rate will fall to neutral level

By Yahoo! Finance   |   Sep 26, 2024 at 11:29 AM EST
Yellen says economy on 'soft landing' path, Fed's policy rate will fall to neutral level

U.S. Treasury Secretary Yellen sees the economy heading for a "soft landing" with inflation under control. She emphasizes the importance of reducing housing costs and managing deficits while continuing to invest in growth sectors. Yellen also highlights the need for financial stability and liquidity in the banking sector.

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