-
US Treasury Secretary Janet Yellen said intervention in foreign-exchange markets should be rare, when asked for her reaction to any potential move by Japan to address the slide in the yen against the dollar. “Adjustments of exchange rates in markets is part of what enables countries to have different policies,” as reflected in the thinking of Group of Seven ...
-
The economy is slowing down, but the outlook is not as bleak as the GDP headline figure suggests. Instead, the report tells a nuanced story of where things stand. Why it matters: The first quarter's 1.6% annualized growth rate confirms that the economy is not reaccelerating to start 2024. • Meanwhile, there are warning signs that inflation rebounded, which ...
Sessions