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Confounding US economic, inflation data muddy Fed s rate path

The Federal Reserve s latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or trigger a recession with. -April 25, 2024 at 06:00 am EDT - MarketScreener

REUTERS NEXT-Yellen says currency intervention acceptable only in rare situations

U.S. Treasury Secretary Janet Yellen said on Thursday the strong dollar reflected the strength of the U.S. economy and high interest rates, insisting that interventions by governments in currency. -April 25, 2024 at 02:32 pm EDT - MarketScreener

Yellen: Subpar U S growth may get revised up, inflation will ebb

Yellen: Subpar U S growth may get revised up, inflation will ebb
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REUTERS NEXT-Yellen: Subpar U S growth may get revised up, inflation will ebb

WASHINGTON, April 25 - U.S. economic growth for the first quarter could be revised higher and inflation will ease to more normal levels,. -April 25, 2024 at 11:49 am EDT - MarketScreener

Nothing off the table in US response to China overcapacity, Yellen says

WASHINGTON (Reuters) -The Biden administration is not taking any options off the table to respond to China's excess industrial capacity, which is a top concern for the U.S. and its allies, U.S. Treasury Secretary Janet Yellen told Reuters on Thursday. China exporting its way to full employment is not acceptable to the rest of the world, Yellen said in a Reuters Next interview in Washington. Yellen said that during her trip to China earlier this month, she was "successful" in raising U.S. concerns with Chinese officials about Beijing flooding global markets with electric vehicles (EVs), solar panels and other clean energy goods, threatening U.S. jobs.

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