Billionaire ‘disappointed’ in how ‘stupid’ Yellen is after comment on US economy
Red Apple Group CEO and Chairman John Catsimatidis on rising energy prices, the conflict in the Red Sea and an Illinois … source
Yellen warns of shutdown consequences as Congress races to pass spending bill
Treasury Secretary Janet Yellen is urging Congress to quickly pass legislation to keep the government funded past the looming Friday shutdown deadline. “Failure to provide funding to the government by this Friday's deadline will hurt American families and small businesses across the country,” she said in remarks prepared for Wednesday's U.S. Conference of Mayors Winter […]
Yellen Dodges on Lessons Learned from Getting Inflation Wrong: Inflation Came Down
In an interview with WBUR's “Here and Now” on Thursday, Treasury Secretary Janet Yellen responded to a question about lessons learned for the future from the Biden administration, which inaccurately described inflation as temporary, saying, “Inflation is declining,” he said. I'm making a soft landing. asked co-host Scott Tong. [relevant exchange begins around 7:20] “You […]
Stocks headed to the Moon if Yellen whips out a surprise this month, says Nomura strategist – MarketWatch
Investors are just a day away from an inflation report that could provide some direction in a year in which markets have meandered with brief declines and partial rebounds. More action could come as Wall Street banks open their earnings season on Friday. Alastair Pinder, global equity strategist at HSBC, said global stock markets were […]
Yellen says US economy is in ‘soft landing’
Treasury Secretary Janet Yellen said Friday that the U.S. economy is achieving a “soft landing” as inflation continues to ease with no signs of a significant economic downturn. “I think what we're seeing right now is a soft landing, and my hope is that it continues,” Yellen said. in an interview On CNN. “The American […]