"Janet Yellen Confirms US Economy's 'Soft Landing' Amid Positive Jobs Data"

U.S. Treasury Secretary Janet Yellen has stated that the American economy has achieved a "soft landing," a condition where inflation is controlled without causing significant harm to the job market. This announcement follows the December jobs report, which suggests that the economy is stabilizing with real wage increases, allowing American workers to progress financially. Yellen expressed hope that this economic state will persist.