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Yellen Feeling Very Good About Soft Landing for US Economy

Yellen Feeling Very Good About Soft Landing for US Economy
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Republic ofNew delhiSouth africaUnited statesJoe bidenJanet yellenBloomberg businessweekGoldman sachs group incFederal reserveSecretary janet yellenPresident joe bidenPresident xi jinpingGoldman sachs groupDrops toward record lowChina budgesFight with

Yellen Feeling Very Good About Soft Landing for US Economy

Yellen Feeling Very Good About Soft Landing for US Economy
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Republic ofNew delhiUnited statesSouth africaJanet yellenJoe bidenGoldman sachs group incFederal reserveSecretary janet yellenPresident joe bidenPresident xi jinpingGoldman sachs groupDrops toward record lowChina budgesFight withBiden hails

Yuan drops toward record low as China budges in fight with bears

The PBOC is faced with a daunting task of maintaining the socalled impossible trinity, where it needs to stabilize the exchange rate and prevent capital outflows while keeping an independent monetary policy. But China s sluggish economy and dovish policy are heaping pressure on the yuan, especially as resilient US data and a high interest-rate differential there has traders favoring the dollar.

Kiyong seongPeople bankYuan drops toward record lowChina budgesFight with bearsSociete generale