Yellen Highlights Economic Slowdown, Market Reactions Vary

U.S. Treasury Secretary Janet Yellen warned about slowing economic growth in specific sectors while emphasizing a path to stable growth overall. While acknowledging these slowdowns, she clarified that a broad recession has not begun and isn’t imminent. Her remarks have sparked mixed reactions in the market, with some investors adopting a cautious approach, potentially leading to shifts in both traditional and crypto markets.