Treasury Sec Yellen: USD movements largely reflect fundamentals

  • Yellen declines to comment on whether dollar has peaked
yellen
  • Intends to deepen interactions with Chinese officials
  • Believes US can avoid recession given there is no wage-prices spiral and that supply chains easing
  • Apartment rents are coming down with a lag
  • I believe we're on the right track in lowering inflation
  • Change in China covid stance could lead to a pickup in growth but it will depend on public health consequences

There isn't much to take away here.

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access