The Federal Reserve's Barkin and US Treasury Secretary Yellen have both expressed optimism about a potential soft landing for the US economy. Barkin noted that a soft landing is increasingly conceivable but not inevitable, citing risks such as delayed impact of high interest rates and services inflation. Yellen described the current economic situation as a soft landing, highlighting low inflation and wage growth. Both officials emphasized the need for caution and the potential for additional rate hikes.
Treasury Secretary Janet Yellen declared the US has achieved a long-sought soft landing, after December data showed a pickup in job growth and wage gains https://t.co/vkwLCh8rfC
Treasury Secretary Janet Yellen declared the US has achieved a long-sought soft landing, after December data showed a pickup in job growth and wage gains https://t.co/NQRmPmGnLB via @economics @chrisjcondon @readep
Treasury Secretary Janet Yellen declared the US has achieved a long-sought soft landing, after December data showed a pickup in job growth and wage gains https://t.co/HcQOuPIojM
US Tsy Sec Yellen Says US Economy Is In ‘Soft Landing’ - @thehill https://t.co/7R68ai4eJZ
⚠️ YELLEN SAYS US 'SOFT LANDING' UNDERWAY, LOW INFLATION, WAGE GROWTH TO SPUR CONFIDENCE (Reuters) U.S. Treasury Secretary Janet Yellen said on Friday that a "soft landing" in the U.S. economy was now underway and a sustained period of low inflation and rising wages was needed… https://t.co/lDAkw8YrWt
🇺🇸 JANET YELLEN: WHAT WE'RE SEEING NOW CAN BE DESCRIBED AS A SOFT LANDING 🇺🇸 JANET YELLEN: PESSIMISM ABOUT THE ECONOMY HAS PROVEN UNWARRANTED
US TREASURY SECRETARY YELLEN: WHAT WE'RE SEEING NOW CAN BE DESCRIBED AS A SOFT LANDING. https://t.co/FKf3OKYrjh
lolololol… *YELLEN: US HAS ACHIEVED SOFT LANDING, HOPE IS IT CAN CONTINUE
Yellen on CNN: "What we are seeing now I think we can describe as a soft landing." https://t.co/qeG104rV7a
🔸 YELLEN: PESSIMISM ABOUT THE ECONOMY HAS PROVEN UNWARRANTED. 🔸 YELLEN: SOME SURVEYS ARE BEGINNING TO SHOW THAT AMERICANS ARE MORE OPTIMISTIC. 🔸 YELLEN: REAL WAGE INCREASES MEAN AMERICANS ARE GETTING AHEAD 🔸 YELLEN: WHAT WE'RE SEEING NOW CAN BE DESCRIBED AS A SOFT LANDING.
We did it! *YELLEN: US HAS ACHIEVED SOFT LANDING, HOPE IS IT CAN CONTINUE
*YELLEN: US HAS ACHIEVED SOFT LANDING, HOPE IS IT CAN CONTINUE Shades of GWB
🔴 US TREASURY SECRETARY YELLEN: WHAT WE'RE SEEING NOW CAN BE DESCRIBED AS A SOFT LANDING.
🔴 US TREASURY SECRETARY YELLEN: REAL WAGE INCREASES MEAN AMERICANS ARE GETTING AHEAD.
🔴 US TREASURY SECRETARY YELLEN: PESSIMISM ABOUT THE ECONOMY HAS PROVEN UNWARRANTED.
BREAKING: Fed member Barkin says potential for additional rate hikes "remains on the table." Barking also said that it is too soon to speculate on Fed policy action for their March meeting. Currently, markets are pricing in an 80%+ chance of rate cuts beginning in March. Just…
A soft landing for US economy is 'increasingly conceivable' but not 'inevitable': Fed's Barkin https://t.co/lAHa4WM46n by @Jenniferisms
#FED'S BARKIN: POTENTIAL FOR ADDITIONAL RATE HIKES REMAINS ON TABLE
Fed's Barkin says soft landing for economy 'increasingly conceivable' https://t.co/GReAHiR0r9 https://t.co/NIrJsuFTgB
Richmond Federal Reserve President Thomas Barkin on Wednesday expressed confidence that the economy is on its way to a soft landing, but noted that “the potential for additional rate hikes remains on the table.” @steveliesman has the full story. https://t.co/wqCtjnzgdL https://t.co/FvzYXBrVkU
Richmond Fed President Thomas Barkin says a soft landing for the US economy is looking more likely but hardly certain. https://t.co/HmOJPN08Mq via @economics
FEDERAL RESERVE'S BARKIN: The case for a soft landing is developing in the data, but is "not inevitable". Risks include delayed impact of high interest rates, services inflation getting stuck at high levels, and high demand. We are making real progress with 6-month core PCE just…
Fed's Barkin sees likely soft landing ahead but notes rate hikes still a possibility https://t.co/WdTkwDnvw3
Richmond Fed President Thomas Barkin says a soft landing for the US economy is looking more likely but hardly certain https://t.co/wYPFpeJYP4
⚠️ FED'S BARKIN SAYS SOFT LANDING FOR ECONOMY 'INCREASINGLY CONCEIVABLE' (Reuters) The U.S. central bank is "making real progress" towards taming inflation without inflicting major damage on the job market, with a hoped-for soft landing "increasingly conceivable," Richmond… https://t.co/Wuw7SJVRIL
Richmond Fed President Tom Barkin Says Soft Landing Could Still Derail https://t.co/od4GT1m9LJ
🇺🇸 RICHMOND FED’S BARKIN: **US CENTRAL BANK 'MAKING REAL PROGRESS' ON INFLATION WHILE ECONOMY REMAINS HEALTHY **NOTES THAT SIX-MONTH CORE PERSONAL CONSUMPTION EXPENDITURES INFLATION NOW 'JUST BELOW' 2% TARGET **'YOU CAN SEE THE CASE' FOR SOFT LANDING DEVELOPING IN THE DATA,… https://t.co/XEk87yvcwE
🔴 FED'S BARKIN: RISKS TO A SOFT LANDING INCLUDE DELAYED IMPACT OF HIGH INTEREST RATES ON CREDIT, OUTSIDE SHOCKS, SERVICES INFLATION GETTING STUCK AT A HIGH LEVEL AND STRONG DEMAND.
* BARKIN: SOFT LANDING `INCREASINGLY CONCEIVABLE,' NOT INEVITABLE * BARKIN: POTENTIAL FOR ADDITIONAL RATE HIKES REMAINS ON TABLE #FOMC
🔴 FED'S BARKIN: YOU CAN SEE THE CASE FOR A SOFT LANDING DEVELOPING IN THE DATA, BUT IT IS NOT "INEVITABLE".
FED'S BARKIN: SOFT LANDING “INCREASINGLY CONCEIVABLE,’ NOT INEVITABLE FED'S BARKIN: NOTES THAT SIX-MONTH CORE PERSONAL CONSUMPTION EXPENDITURES INFLATION IS NOW "JUST BELOW" THE 2% TARGET.
🔸 FED'S BARKIN: SOFT LANDING “INCREASINGLY CONCEIVABLE,’ NOT INEVITABLE 🔸 FED'S BARKIN: DROP IN LONG-TERM RATES MAY STIMULATE DEMAND FOR HOMES 🔸 FED'S BARKIN: CONVICTION ON INFLATION, ECONOMY TO DETERMINE RATE PATH 🔸 FED'S BARKIN: HOUSING, SERVICES RISK INFLATION…
🔴 IMF CHIEF: THE FED IS DEFINITELY ACHIEVING A SOFT LANDING.
Financial markets are rejoicing at the prospect of a so-called soft landing for America’s economy. But read why there is still reason for caution: https://t.co/nqdyGc6RsM 👇