Accelerationism
[Yellen: The U.S. GDP contraction in the first quarter means the basic signal of the U.S. economy is not good] U.S. Treasury Secretary Yellen said that the U.S. GDP contraction in the first quarter means the basic signal of the U.S. economy is not good; the U.S. economic outlook faces many risks; one Quarterly terminal sales rose 3.7%, a better indicator; household and business finances appear to be "very strong"; U.S. inflation is too high and there are many risks to the global economy. And said the Fed will need to show technical proficiency, and it will take luck to achieve a soft landing; declined to comment on the Fed's monetary policy.
