Yellen to meet US allies during IMF, World Bank meetings, press China on growth
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will meet with finance ministers from U.S. allies this week to discuss a number of key issues, including shoring up supply…
Exclusive: As split Congress odds increase, Yellen warns of need to lift debt ceiling
By David Lawder NUSA DUA, Indonesia (Reuters) – With odds of a split U.S. Congress rising, Treasury Secretary Janet Yellen warned that lawmakers’ failure to raise the statutory limit on U.S. debt…
Yellen to travel to India, G20 summit as forum struggles with Ukraine war
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to India and the Group of 20 Summit in Indonesia next week to bolster U.S.-India economic ties and to…
Yellen says debt ceiling should ‘not be held hostage’ by Congress-CNN
CLEVELAND (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that both she and President Joe Biden agree that the federal debt ceiling should not be held hostage by Congress and…
Yellen touts U.S. battery investments in election battleground Ohio
By David Lawder CLEVELAND (Reuters) – U.S. Treasury Secretary Janet Yellen hailed the beginnings of a Midwest “Battery Belt” on Thursday as a result of the Biden administration’s investments in clean energy,…
Yellen to visit Cleveland to tout Biden efforts to revive U.S. manufacturing
(Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Cleveland on Thursday to promote the Biden administration’s economic initiatives aiming to revive U.S. manufacturing, especially in overlooked cities, the Treasury said.…
Yellen says inflation not ’embedded’ in U.S. economy, research to boost capacity
By David Lawder HERNDON, Va. (Reuters) – 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…
Yellen says chips, research investments will boost U.S. economic capacity
By David Lawder HERNDON, Va. (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that domestic investments in semiconductors and research would help reverse a longstanding innovation deficit and increase the…
Yellen cites ‘significant’ Ukraine financing needs in meeting with PM -Treasury
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen held a virtual meeting with Ukrainian Prime Minister Denys Shmyhal on Tuesday and “acknowledged Ukraine’s significant financing needs next year,” the…
Yellen says policymakers improving coordination on global economic challenges
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that many of the challenges facing the global economy stem from Russia’s “terrible war in Ukraine” and continued pandemic recovery, but…
U.S. Treasury’s Yellen says CPI data shows more work needed to control inflation
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that higher than expected U.S. consumer price index inflation data shows that “we have more work to do” to control inflation…
After Malpass fray, Yellen says World Bank must ‘lead’ in global energy transition
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday stressed that the World Bank, whose president, David Malpass, has been on the defensive about his views on climate…
US, UK economists back Russian oil price cap in letter to Yellen
By Andrea Shalal WASHINGTON (Reuters) -A price cap on Russian seaborne oil deliveries being developed by the United States and G7 countries could significantly reduce Russia’s revenues while encouraging Moscow to continue…
OPEC oil cuts bad for global economy, says U.S.’s Yellen -FT
(Reuters) – U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was “unhelpful and unwise” for the global economy, especially emerging markets, the Financial Times…
Yellen says ‘monitoring’ UK developments after pound plummets – FT
(Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday the United States was monitoring developments in Britain after the government unveiled a fiscal programme that sent the pound to a record…
Janet Yellen Warns High Gas Prices May Be Right Around The Corner
Janet Yellen Warns High Gas Prices May Be Right Around The Corner Jack McEvoy on September 11, 2022 President Joe Biden’s Treasury Secretary Janet Yellen said Sunday that Americans might pay more for…
Yellen Says US Economy Is Stronger Than Before The Pandemic
Yellen Says US Economy Is Stronger Than Before The Pandemic John Hugh DeMastri on September 8, 2022 Treasury Secretary Janet Yellen, speaking at a Ford electric vehicle center in Michigan Thursday, said…
Yellen sees lower gas prices putting downward pressure on U.S. inflation
By David Lawder DETROIT (Reuters) – U.S. Treasury Secretary Janet Yellen said falling gasoline prices may put further downward pressure on headline consumer price inflation for August but there is a lot…
Yellen says U.S. economy slowing, but still shows job, spending strength
WASHINGTON – U.S. Treasury Secretary Janet Yellen said on Thursday a second quarter contraction of U.S. economic output was a sign of an inevitable slowdown but there was still broad strength in…
Yellen discusses price cap on Russian oil with UK’s Zahawi – U.S. Treasury
(Reuters) – U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to reduce the…
U.S. Treasury’s Yellen welcomes Ukraine debt freeze, calls on creditors to join
WASHINGTON – U.S. Treasury Secretary Janet Yellen on Wednesday said she welcomed a decision to suspend Ukraine’s debt service obligations by a group of six creditor countries, including the United States, and…
U.S. wants to end dependence on China rare earths -Yellen
By Andrea Shalal SEOUL -The United States wants to end its “undue dependence” on rare earths, solar panels and other key goods from China to prevent Beijing from cutting off supplies as…
U.S.’s Yellen says any N. Korean nuclear test would be very provocative
By Andrea Shalal SEOUL – The United States has further sanctions it could adopt against North Korea, U.S. Treasury Secretary Janet Yellen told Reuters on Monday, adding that any nuclear test by…
U.S. Treasury’s Yellen to meet South Korea’s Yoon on final leg of Asia trip
NUSA DUA, Indonesia – U.S. Treasury Secretary Janet Yellen will meet with South Korean President Yoon Suk-yeol and other senior officials in Seoul on Tuesday as she wraps up her first visit…
Yellen sees some use for forex intervention, but not for competitive advantage
NUSA DUA, Indonesia – Emerging markets and low-income countries may benefit in some cases from capital flow management and foreign exchange intervention, but should not use such tools to gain an unfair…
Yellen says it’s in China’s interest to restructure Sri Lanka’s debt
By Andrea Shalal and Marc Jones NUSA DUA, Indonesia – China is a “very important” creditor of Sri Lanka and it would likely be in the interest of both countries if China…
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