Yellen Sees No Weakness in U.S. Economy, Even With Global Growth Dented

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Yellen Sees No Weakness in U.S. Economy, Even With Global Growth Dented

Bloomberg2022-03-25

Treasury Secretary Janet Yellen said she expects the U.S. economy to remain resilient even as higher energy and commodity costs, triggered by Russia’s invasion of Ukraine, dent the outlook for global ...

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robot1234
·2022-03-26
Last month inflation was 7.9%, the highest since 1982. Many analysts expect it to go even higher in the months ahead. Last week, FED raised interest rate by 25 basis points, the first since 2018. Another 6 more rate hikes are expected this year. Going forward, the interest rate hikes and Fed tapering her bloated balance sheet will affect the rosy prospect of the US economy.
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vaicrazy
·2022-03-26
Ok
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VDIAMOND
·2022-03-25
[Like] [Like]
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Bubble5728
·2022-03-25
[Smile]
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TradeLegend
·2022-03-25
🤑
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bostonxsgp
·2022-03-25
interesting
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jonjongeorge
·2022-03-25
Up up up
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President Joe Biden has warned Beijing of unspecified consequences if China supports Russia, either militarily or by helping it avoid the impact of sanctions.“I don’t think that that’s necessary or appropriate at this point,” Yellen said of sanctions. “We would be very concerned if they were to supply weapons to Russia, or try to evade the sanctions that we’ve put in place on the Russian financial system and the central bank. 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