
Surveillance: Yellen on China & Recession Risk
Bloomberg Surveillance
00:00
The Soft Landing in the United States
China has seen slower growth than they expected upon opening up from COVID. I think the Chinese are concerned about sluggish growth in their economy. For the United States, growth is slowed, but our labor market continues to be quite strong. The most recent inflation data were quite encouraging that we're making progress on getting inflation down.
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