During the Texas Tribune Festival held on Saturday, US Secretary of the Treasury Janet Yellen presented an optimistic view of the current state of the US economy. Speaking at the event, Yellen emphasized that there are no immediate 'red lights flashing' to signal financial risks, suggesting that the economic conditions remain stable. Her comments were summarized by Bloomberg, indicating that she doesn't foresee any looming threats that could derail the economy.

Furthermore, Yellen asserted that the United States has successfully achieved a 'soft landing,' implying that the economy has slowed down without crashing and thus avoided a severe recession. This perspective might not be universally accepted, as different economists and analysts hold varying opinions on the risks ahead. However, Yellen's stance provides a sense of reassurance and is aligned with her previous public statements on economic resilience and recovery. Her insights underscore the ongoing efforts to maintain financial stability and navigate through post-pandemic economic challenges.