Yellen confident Congress will follow through on global tax deal
WASHINGTON (BLOOMBERG) – Treasury Secretary Janet Yellen said she expects Congress to take action soon to bring the United States into line with a global minimum tax agreed on last […]
As US debt default looms, Yellen faces her biggest test yet
WASHINGTON (NYTIMES) – When Janet Yellen was Federal Reserve chair in 2014, she faced a grilling from Republicans about whether the federal government had a plan if the nation’s borrowing […]
US to see ‘several more months’ of high inflation, Yellen says
WASHINGTON (AFP) – Inflation will remain high in the United States for months to come but eventually retreat, Treasury Secretary Janet Yellen said on Thursday (July 15). The comments come […]
Yellen says US interest rates may have to rise if economy heats up; comments roil markets
WASHINGTON (AFP) – US interest rates may have to increase “somewhat” to keep a lid on inflation if President Joe Biden’s latest spending proposals are enacted and the economy heats […]
Markets upbeat on Yellen’s push for large fiscal stimulus
Regional investors were generally won over yesterday when United States Treasury Secretary nominee Janet Yellen made the case for President Joe Biden’s US$1.9 trillion (S$ 2.5 trillion) relief package. Dr […]
US stocks gain on inauguration eve, Yellen call for stimulus
NEW YORK (AFP) – Wall Street stocks won solid gains on Tuesday ((Jan 19) as markets anticipated the presidential inauguration of Joe Biden while Biden’s Treasury secretary nominee reiterated a […]
Biden Treasury nominee Janet Yellen to say US does not seek weaker dollar: WSJ
BENGALURU (REUTERS) – Janet Yellen, President-elect Joe Biden’s pick to take over the US Treasury, is expected to affirm the United States’ commitment to market-determined foreign exchange rates when she […]