Janet Yellen, secretary of the U.S. Treasury, was in India to promote “friendshoring” to protect supply chains from unreliable countries like China and Russia. The pandemic, supply chain problems, and rapidly changing geopolitical allegiances over the past two years have accelerated a redrawing of trade and economic relations around the world. She promoted her vision…
Yellen Pitches ‘Friendshoring’ to Protect Supply Chains From ‘Risky’ Countries Like China
Yellen Admits Inflation Could Rise Again but for Now It’s ‘Nice’ to See Softer Price Data
Treasury Secretary Janet Yellen said Friday that she’s not sure whether the rate of inflation has hit a peak and won’t accelerate again, apparently seeking to temper expectations after a government report showed inflation printing lower than markets predicted, sending stocks soaring. “I don’t know if this is a turning point,” Yellen told Reuters in…
Yellen Doesn’t ‘See Signs of a Recession’ as Another Business Activity Gauge Drops Into Recession Zone
Secretary of the Treasury Janet Yellen does not believe there are any signs of the U.S. economy slipping into a recession, despite the fact that business activity indicators have been signaling dismal performance. “I don’t see signs of a recession in this economy at this point … We have unemployment at a 50-year low. There…
Yellen Admits Inflation Might Get Worse, but Has ‘Confidence’ It’ll Eventually Get Better
Secretary of the Treasury Janet Yellen said Monday that she’s confident that price pressures will ease “over the next year or two,” while leaving open the possibility that in the near term inflation could become even worse. Yellen made the remarks during an interview on NBC News, released on Oct. 24, in which she said…
Yellen Says Inflation Not ‘Embedded’ in US Economy, Research to Boost Capacity
HERNDON, Va.—U.S. Treasury Secretary Janet Yellen said on Friday that inflation was not becoming “embedded” in the U.S. economy and domestic investments in semiconductors and research would help increase U.S. productive capacity. Yellen, speaking to reporters at a technology business incubator near Dulles International Airport, said she sees no signs of higher inflation expectations over…
Yellen Says Policymakers Improving Coordination on Global Economic Challenges
WASHINGTON—Treasury Secretary Janet Yellen said on Friday that policymakers are improving coordination to tackle many of the challenges facing the global economy. “Inflation is elevated in many countries. Growth is slowing globally. We are also seeing swings in capital flows and strong movements in financial markets,” Yellen said in remarks prepared for delivery at a…
LIVE NOW: Trump Objects to DOJ’s Picks for Special Master; Gas Prices to Spike in Winter: Yellen | NTD Evening News
Former President Donald Trump’s legal team on Sept. 12 filed a motion objecting to the special master candidates proposed by the Justice Department. Treasury Secretary Janet Yellen is warning that gas prices could spike again this winter. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on…
Trump Objects to DOJ’s Picks for Special Master; Gas Prices to Spike in Winter: Yellen | NTD Evening News
Former President Donald Trump’s legal team on Sept. 12 filed a motion objecting to the special master candidates proposed by the Justice Department. Treasury Secretary Janet Yellen is warning that gas prices could spike again this winter. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on…
Yellen Says Gas Prices Could Spike This Winter; 21 Years Since 9/11 Terrorist Attacks | NTD Good Morning
U.S. Treasury Secretary Janet Yellen says gas prices could spike this winter. She says the possible price increase could come because the E-U plans to stop buying Russian oil for the most part. And because they might ban services that allow Russia to ship oil by tanker. Citizens across the U-S solemnly remembered 9/11 over…
Yellen Says Oil Prices Could Spike in Winter
Treasury Secretary Janet Yellen on Sunday said Americans could experience a spike in gas prices in the winter when the European Union significantly cuts back on buying Russian oil, adding that a proposed Western price cap on Russia’s oil exports is being designed to keep prices in check. “It’s a risk, and it’s a risk…
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