Bloomberg Talks
Janet Yellen Talks Soft Landing, China Relations
Sep 9, 2024
Treasury Secretary Janet Yellen, who navigates the financial landscape of the U.S., joins journalist David Gura to discuss the current state of the economy. Yellen reassures that there are no alarm bells for the financial system, asserting that the U.S. is experiencing a soft landing despite signs of weakening job growth. She also delves into the significance of rebuilding U.S.-China relations, emphasizing collaboration on critical global issues like climate change and fair trade, and the importance of maintaining open dialogues amidst geopolitical tensions.
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Quick takeaways
- Janet Yellen asserts that the U.S. economy has achieved a soft landing despite recent job growth declines and inflation concerns.
- She emphasizes the need for constructive U.S.-China relations to effectively tackle global challenges like climate change and economic stability.
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