{"id":159055,"date":"2023-09-20T06:10:23","date_gmt":"2023-09-20T00:40:23","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=159055"},"modified":"2023-09-20T06:10:23","modified_gmt":"2023-09-20T00:40:23","slug":"us-growth-needs-to-slow-in-line-with-potential-due-to-full-employment-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/us-growth-needs-to-slow-in-line-with-potential-due-to-full-employment-crypto-news\/","title":{"rendered":"US growth needs to slow in line with potential due to full employment – Crypto News"},"content":{"rendered":"

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According to Reuters, US Treasury Secretary Janet Yellen stated on Tuesday that given the economy was operating at full employment, US growth needed to slow to a rate more in line with its potential growth rate to bring inflation back to target levels.<\/p>\n

Key quotes<\/strong><\/h2>\n
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“I think the Chinese would most likely use the policy space they have to try to avoid a slowdown with major proportions,”<\/p>\n

“Growth has to slow to be in line with potential when you’re operating at full employment,\u201d<\/p>\n

“It’s completely natural and desirable, that growth, the pace of growth, is slowing.\u201d<\/p>\n

\u201cThere may be spillovers from China\u2019s economic difficulties to the US\u201d<\/p>\n

\u201cDemand-supply imbalances in US labor market have abated\u201d<\/p>\n<\/blockquote>\n

Market reaction<\/strong><\/h2>\n

These comments do not seem to have a major influence on risk mood. As of writing, the US Dollar Index (DXY) is trading at 105.13, down 0.01% on the day.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Share: According to Reuters, US Treasury Secretary Janet Yellen stated on Tuesday that given the economy was operating at full employment, US growth needed to slow to a rate more in line with its potential growth rate to bring inflation back to target levels. Key quotes “I think the Chinese would most likely use the […]<\/p>\n","protected":false},"author":2,"featured_media":84982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,333,252,247,253,249,334,256,254],"class_list":["post-159055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-macroeconomics","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-unitedstates","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/159055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=159055"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/159055\/revisions"}],"predecessor-version":[{"id":159056,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/159055\/revisions\/159056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/84982"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=159055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=159055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=159055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}