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The Latest Breaking News from Janet Yellen

Yellen To Urge China To Address Overcapacity Issues

A surge in cheap exports from China in industries like electric vehicles could bring "global spillovers," US Treasury Secretary Janet Yellen is due to warn in a speech on Wednesday.

International Business Times

Treasury Allows Billion Lending To IMF Trust

US Treasury lends billion to IMF trust to support global economic stability and recovery, aiding countries in need during COVID-19 challenges.

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The Guardian view on Labour’s economic plans: a response too small for the challenge the UK faces

Editorial: A radical agenda is needed to deal with the crises of economic stagnation, political polarisation and the climate emergency. Rachel Reeves did not offer one

The Guardian - UK

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S&P Futures Climb Ahead of Key U.S. PPI and Retail Sales Data, Adobe Earnings on Tap

March S&P 500 E-Mini futures (ESH24) are trending up +0.37% this morning as market participants geared up for crucial U.S. PPI and retail sales data while also awaiting quarterly results from software giant Adobe.

Barchart

S&P Futures Tick Higher Ahead of Key U.S. PPI and Retail Sales Data, Adobe Earnings on Tap

March S&P 500 E-Mini futures (ESH24) are trending up +0.35% this morning as market participants geared up for crucial U.S. PPI and retail sales data while also awaiting quarterly results from software giant Adobe.

Barchart

Yellen Expects Rent Inflation To Decrease This Year

U.S. Treasury Secretary Yellen expects rents, a key inflation driver, to decrease, potentially easing inflation pressures in the U.S.

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Yellen Prioritizes US EV Makers Amid China Export Competition

US Treasury Secretary Janet Yellen highlights support for American EV industry amidst global competition, emphasizing innovation and collaboration for success.

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Treasury Secretary Yellen Addresses Inflation Concerns In Interview

Secretary Yellen discusses economic trends, inflation, debt, and administration's efforts for stability and growth.

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Yellen Says US Economy Unlikely To See 'Stagflation'

The US economy is not expected to see stagflation, Treasury Secretary Janet Yellen said in an interview broadcast Wednesday, adding that most forecasters expect inflation to cool as housing costs move lower.

International Business Times

Yellen: Biden Tax Credits Drive Clean Energy Investment In Coal

U.S. Treasury Secretary Janet Yellen highlights the positive impact of President Joe Biden's proposed tax credits on clean energy investment in coal country.

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Yellen Urges US Congress Action On Ukraine Aid

US Treasury Secretary Yellen stresses the importance of aiding Ukraine to counter Russian aggression and maintain regional stability.

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Yellen: Argentina Progressing Toward Fiscal Sustainability

Former U.S. Treasury Secretary Janet Yellen praises Argentina's progress towards fiscal sustainability at the G20 Summit, highlighting the country's commit...

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G20 Finance Ministers Meet On World Economy Hit By Crises, Conflicts

G20 finance ministers will meet Wednesday in Brazil, seeking ways to shore up a global economy whose nascent recovery is threatened by a raft of conflicts and crises, including the wars in Ukraine and Gaza.

International Business Times

'Urgent' For G7 To Seize Russian Profits For Ukraine: Yellen

US Treasury Secretary Janet Yellen said Tuesday it was urgent for G7 nations to jointly seize profits from frozen Russian assets and redirect them to Ukraine, as the group prepared to meet on the issue.

International Business Times

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International Business Times

'Urgent' For G7 To Jointly Seize Russian Profits For Ukraine: Yellen

US Treasury Secretary Janet Yellen said Tuesday it was urgent for G7 countries to jointly seize profits from frozen Russian assets and redirect them to Ukraine, as the group prepared to meet on the issue.

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Yellen Urges Using Frozen Russian Assets For Ukraine Reconstruction

Treasury Secretary Yellen advocates using frozen Russian assets to aid Ukraine's recovery amidst ongoing conflict. G20 ministers convene to address global ...

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Yellen To Address Russian Assets At G20 Meeting

Janet Yellen's call to spotlight Russian assets before G20 meeting reflects growing concerns over global implications of Russia's actions.

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Treasury Secretary Yellen faces accusations of surveillance on Americans' transactions

Treasury Secretary Janet Yellen faces questioning from Senate Republicans over allegations of surveillance on Americans' transactions post January 6th.

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The Guardian - UK

Dropping of £28bn pledge marks a shift in Reeves’s entire economic philosophy

Rachel Reeves had promised to spend big to be Britain’s first green chancellor. Now she wants to spend as little public money as possible

Top News

Yellen faces Senate inquiry on alleged privacy violations

Janet Yellen is set to address senators amid concerns that the Biden administration is monitoring Americans' purchases. A gun rights group demands privacy ...

Latin Times

US Raises Overcapacity Concerns In Economic Talks With China

The talks come amid concerns about China's growth, as the world's second biggest economy struggles with a property sector crisis and prospects of sagging productivity.

International Business Times

Yellen Says US Commercial Property Concerns 'Manageable'

US Treasury Secretary Janet Yellen expressed concern Tuesday about the commercial real estate sector in the current environment of higher interest rates -- but added that the overall situation should be "manageable."

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Yellen confident in economic recovery despite real estate concerns

Treasury Secretary Janet Yellen expresses confidence in the strong US economy, citing low unemployment and robust job creation, despite concerns about infl...

International Business Times

US Treasury's Yellen To Urge Congress For Legislation On Stablecoins, Crypto Spot Markets

Janet Yellen will urge lawmakers on Tuesday to pass legislation that will establish the regulatory framework for crypto regulation, including rules for stablecoins and spot markets.

Kiplinger

Fed Maintains Rates, Keeps Sights Set On 2% Inflation Target

The Fed says the economic outlook is uncertain and that it remains highly attentive to inflation risks.

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