Yellen told Reuters no option was "off the table" for dealing with one threat to the U.S. economy - overproduction in China, which was hurting manufacturers in numerous countries.. . She said that while Chinese policymakers have acknowledged they have a problem with excess industrial capacity for electric vehicles, solar panels and other clean energy goods, they need to address it ...
Yellen says US economy strong, all options open on China's overcapacity. . U.s. Treasury Secretary Janet Yellen told Reuters on Thursday that U.S ...
topYellen downplayed the inflation jump and said she did not see that as indicating that unemployment needed to increase or other areas of the economy needed to cool to return inflation to the Fed's 2% target.
top... Donald Trump led Biden by seven percentage points in a recent Reuters/Ipsos poll when voters were asked which candidate would be better for the economy.. . "What I focus on most is the strength of consumer spending and investment spending," Yellen said.
topYellen says US economy strong, all options open on China's overcapacity. . U.s. Treasury Secretary Janet Yellen told Reuters on Thursday that U.S
topYellen told Reuters no option was "off the table" for dealing with one threat to the U.S. economy - overproduction in China, which was hurting manufacturers in numerous countries.. . She said that while Chinese policymakers have acknowledged they have a problem with excess industrial capacity for electric vehicles, solar panels...
topShe said that while Chinese policymakers have acknowledged they have a problem with excess industrial capacity for electric vehicles, solar panels and other clean energy goods, they need to address it.
topYellen downplayed the inflation jump and said she did not see that as indicating that unemployment needed to increase or other areas of the economy needed to cool to return inflation to the Fed's 2% target.
top. Yellen told Reuters no option was "off the table" for dealing with one threat to the U.S. economy - overproduction in China, which was hurting manufacturers in numerous countries.
top... challenger Donald Trump led Biden by seven percentage points in a recent Reuters/Ipsos poll when voters were asked which candidate would be better for the economy.. . "What I focus on most is the strength of consumer spending and investment spending," Yellen said.
topShe said that while Chinese policymakers have acknowledged they have a problem with excess industrial capacity for electric vehicles, solar panels and other clean energy goods, they need to address it.
topYellen told Reuters no option was "off the table" for dealing with one threat to the U.S. economy - overproduction in China, which was hurting manufacturers in numerous countries.. . She said that while Chinese policymakers have acknowledged they have a problem with excess industrial capacity for electric vehicles,...
topYellen told Reuters no option was "off the table" for dealing with one threat to the U.S. economy - overproduction in China, which was hurting manufacturers in numerous countries.. . She said that while Chinese policymakers have acknowledged they have a problem with excess industrial capacity for electric vehicles, solar panels and other clean energy goods,...
top... by seven percentage points in a recent Reuters/Ipsos poll when voters were asked which candidate would be better for the economy.. . "What I focus on most is the strength of consumer spending and investment spending," Yellen said.
topYellen downplayed the inflation jump and said she did not see that as indicating that unemployment needed to increase or other areas of the economy needed to cool to return inflation to the Fed's 2% target.
topThe Biden administration is completing a review of the "Section 301" unfair trade tariffs on Chinese imports imposed by former President Donald Trump in 2018, which U.S. officials have said could lead to higher tariffs on some products
topThe Biden administration is completing a review of the "Section 301" unfair trade tariffs on Chinese imports imposed by former President Donald Trump in 2018, which U.S. officials have said could lead to higher tariffs on some products
topAsked about potential for new tariffs or other actions to protect U.S. producers from an expected flood of Chinese exports, Yellen said she would not eliminate any options as a possible response
topeconomy - overproduction in China, which was hurting manufacturers in numerous countries.. . She said that while Chinese policymakers have acknowledged they have a problem with excess industrial capacity for electric vehicles,...
topproducers from an expected flood of Chinese exports, Yellen said she would not eliminate any options as a possible response.. . She said Chinese overproduction threatens the viability of manufacturers in the U.S., Europe, Japan, Mexico and India but the problem won't be resolved "in a day or a week."
topeconomy - overproduction in China, which was hurting manufacturers in numerous countries.. . She said that while Chinese policymakers have acknowledged they have a problem with excess industrial capacity for electric vehicles, solar panels and other clean energy goods,...
topproducers from an expected flood of Chinese exports, Yellen said she would not eliminate any options as a possible response.. . She said Chinese overproduction threatens the viability of manufacturers in the U.S., Europe, Japan, Mexico and India but the problem won't be resolved "in a day or a week."
topBiden last week called for the review to triple the Section 301 duties on Chinese steel to 25%.. . U.s. Trade Representative Katherine Tai also told senators that the U.S. needed to take "early action, decisive action" to protect the fledgling American EV sector from Chinese imports
topBiden last week called for the review to triple the Section 301 duties on Chinese steel to 25%.. . U.s. Trade Representative Katherine Tai also told senators that the U.S. needed to take "early action, decisive action" to protect the fledgling American EV sector from Chinese imports
topAsked about potential for new tariffs or other actions to protect U.S. producers from an expected flood of Chinese exports, Yellen said she would not eliminate any options as a possible response.
topShe said Chinese overproduction threatens the viability of manufacturers in the U.S., Europe, Japan, Mexico and India but the problem won't be resolved "in a day or a week.".
topShe said that while Chinese policymakers have acknowledged they have a problem with excess industrial capacity for electric vehicles, solar panels and other clean energy goods, they need to address it.
topThat was below the 2.4% estimated by economists and less than half the pace in the fourth quarter of 2023 - thanks to substantial drags from trade and private inventories. The report also showed a worrisome surge in inflation, with the personal consumption expenditures (PCE) price index excluding food and energy rising at a 3.7% annual rate after a 2.0% pace in the fourth quarter of 2023
top. Yellen downplayed the inflation jump and said she did not see that as indicating that unemployment needed to increase or other areas of the economy needed to cool to return inflation to the Fed's 2% target
topThat was below the 2.4% estimated by economists and less than half the pace in the fourth quarter of 2023 - thanks to substantial drags from trade and private inventories. The report also showed a worrisome surge in inflation, with the personal consumption expenditures (PCE) price index excluding food and energy rising at a 3.7% annual rate after...
topThat was below the 2.4% estimated by economists and less than half the pace in the fourth quarter of 2023 - thanks to substantial drags from trade and private inventories. The report also showed a worrisome surge in inflation, with the personal consumption expenditures (PCE) price index excluding food and energy rising at a 3.7% annual rate after a 2.0% pace in the fourth...
topYellen downplayed the inflation jump and said she did not see that as indicating that unemployment needed to increase or other areas of the economy needed to cool to return inflation to the Fed's 2% target
topThe report also showed a worrisome surge in inflation, with the personal consumption expenditures (PCE) price index excluding food and energy rising at a 3.7% annual rate after a 2.0% pace in the fourth quarter of 2023.
topYellen downplayed the inflation jump and said she did not see that as indicating that unemployment needed to increase or other areas of the economy needed to cool to return inflation to the Fed's 2% target.
topThe report also showed a worrisome surge in inflation, with the personal consumption expenditures (PCE) price index excluding food and energy rising at a 3.7% annual rate after a 2.0% pace in the fourth quarter of 2023.
topFighting inflation remained President Joe Biden's top priority, Yellen said, highlighting his administration's efforts to reduce healthcare, energy and housing costs.
topThat was below the 2.4% estimated by economists and less than half the pace in the fourth quarter of 2023 - thanks to substantial drags from trade and private inventories
top. Yellen downplayed the inflation jump and said she did not see that as indicating that unemployment needed to increase or other areas of the economy needed to cool to return inflation to the Fed's 2% target
topIn a wide-ranging Reuters Next interview, Yellen also said that a U.S. proposal for using the interest earnings from $300 billion in frozen Russian assets to aid Ukraine could win broad support from G7 allies.
topYellen welcomed what she called a "very constructive step" taken by the European Union to segregate the proceeds from assets held by Brussels-based Euroclear and transfer them to Ukraine, noting future interest could also be pulled forward to back loans to Ukraine.. . "This is an approach that could be broadly supported by countries that are concerned about the seizure of assets,...
topIn a wide-ranging Reuters Next interview, Yellen also said that a U.S. proposal for using the interest earnings from $300 billion in frozen Russian assets to aid Ukraine could win broad support from G7 allies.
topMost of the Russian assets held by Euroclear have now been converted to cash, Yellen told Reuters. G7 officials say the assets could generate around $5 billion a year in interest
topeconomic growth was likely stronger than suggested by weaker-than-expected data on first-quarter output and said the Biden administration was keeping all options open to respond to threats from China's excess industrial capacity.
topYellen welcomed what she called a "very constructive step" taken by the European Union to segregate the proceeds from assets held by Brussels-based Euroclear and transfer them to Ukraine, noting future interest could also be pulled forward to back loans to Ukraine.
top... said the Biden administration was keeping all options open to respond to threats from China's excess industrial capacity.. . In a wide-ranging Reuters Next interview, Yellen also said that a U.S. proposal for using the interest earnings from $300 billion in frozen Russian assets to aid Ukraine could win broad support from G7 allies
topeconomic growth was likely stronger than suggested by weaker-than-expected data on first-quarter output and said the Biden administration was keeping all options open to respond to threats from China's excess industrial capacity.
top... Ukraine.. . "This is an approach that could be broadly supported by countries that are concerned about the seizure of assets, and some of the interest could be brought forward through, for example, a loan," Yellen said
topeconomic growth was likely stronger than suggested by weaker-than-expected data on first-quarter output and said the Biden administration was keeping all options open to respond to threats from China's excess industrial...
topeconomic growth was likely stronger than suggested by weaker-than-expected data on first-quarter output and said the Biden administration was keeping all options open to respond to threats from China's excess industrial capacity.
topYellen welcomed what she called a "very constructive step" taken by the European Union to segregate the proceeds from assets held by Brussels-based Euroclear and transfer them to Ukraine, noting future interest could also be pulled forward to back loans to Ukraine.
topMost of the Russian assets held by Euroclear have now been converted to cash, Yellen told Reuters. G7 officials say the assets could generate around $5 billion a year in interest
topIn a wide-ranging Reuters Next interview, Yellen also said that a U.S. proposal for using the interest earnings from $300 billion in frozen Russian assets to aid Ukraine could win broad support from G7 allies