Fed Chair Janet Yellen's interest in running a "high-pressure economy" threatens to add to an increasingly divisive climate at the U.S. central bank. In remarks last week that jarred the market, Yellen ruminated about the benefits of letting inflation run a little hotter than normal while allowing the unemployment rate to drop below the point that historically would trigger Fed tightening action.

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BING NEWS:
  • Removal of Vance Monument honoring NC Civil War governor in Asheville will resume
    Nearly three years after litigation halted removal of downtown Asheville's Vance Monument, built for a Confederate-era governor, the work can resume.
    04/23/2024 - 10:17 pm | View Link
  • Janet Yellen
    What's Going On With Chinese EV-Maker Nio's Stock? Treasury Secretary Janet Yellen Sees 'Flood Of Chinese Exports Wiping Out' US Green Energy Industry ...
    04/11/2024 - 9:57 pm | View Link
  • From overcapacity to TikTok, issues covered during Janet Yellen's trip to China
    U.S. Treasury Secretary Janet Yellen and her team are leaving China and returning to Washington after trying to tackle the major questions of the day between the countries. Here's a look at what ...
    04/8/2024 - 3:49 pm | View Link
  • Russia, chopsticks, oversupply: Everything you want to know about Janet Yellen’s China visit
    In a meeting with He, the economic tsar, in Guangzhou, Yellen warned that Chinese companies could face “significant consequences” if they provide material support for Russia’s war on ...
    04/8/2024 - 2:34 pm | View Link
  • Janet Yellen warns China of ‘significant consequences’ if its companies support Russia’s war
    “Secretary Yellen emphasised that companies, including those in the PRC, must not provide material support for Russia’s war against Ukraine . . . and the significant consequences if they do so.” ...
    04/5/2024 - 1:00 pm | View Link
  • More

 

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