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Yellen says US growth needs to slow in line with potential due to full employment By Reuters

Yellen says US growth needs to slow in line with potential due to full employment

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen addresses a news conference during a G20 finance ministers’ and Central Bank governors’ meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave/File Photo

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that U.S. growth needed to slow in line with potential due to full employment, adding that demand-supply imbalances in the labor market have abated.

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