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Yellen says US GDP is a 'good strong number'

2023-10-27 01:56
U.S. Treasury Secretary Janet Yellen on Thursday said the growth data for the third quarter reported by the
Yellen says US GDP is a 'good strong number'

U.S. Treasury Secretary Janet Yellen on Thursday said the growth data for the third quarter reported by the Commerce Department was "a good strong number" that points to a soft-landing for the U.S. economy.

"It's a good strong number and shows the economy is doing well," Yellen said in a televised interview with Bloomberg.

"What we have looks like a soft landing."

(Reporting By David Lawder; Writing by Dan Burns, Editing by Franklin Paul)