Yellen says we are beginning to see some signs of easing pressure in labor market

US Treasury Secretary Yellen comments in a CNBC interview

• I think the united states is doing very well
• We are starting to see some signs of easing pressures in labor market
• Inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term is too high
• There is a path to lower inflation while maintaining a health labor market
• I am very encouraged by a continued strong labor market, people feel good about the labor market
• Household balance sheets remain strong
• Firms have debt burdens that are by and large manageable
• We really haven't seen signs if financial instability in our markets
• I think the u.s. Economy continues to do well
• There are have been underlying shocks affecting markets, including OPEC's 'unwise decision' to cut production and related to Russia's war in Ukraine
• It is clear the fed is committed to its plan to reduce inflation and that is well understood in markets

• Not seeing anything in markets that rises to a level of a serious concern