US Treasury Secretary Yellen: It would be disastrous for US to decouple from China
US TREASURY SECRETARY YELLEN: IT WOULD BE DISASTROUS FOR US TO DECOUPLE FROM CHINA.— Breaking Market News (@financialjuice) September 18, 2023
US Treasury Secretary Yellen: US-China relationship is the most important to the world— DailyFX Team Live (@DailyFXTeam) September 18, 2023
US TREASURY SECRETARY YELLEN: THE US NEEDS TO DE-RISK BUT NOT DECOUPLE FROM CHINA.— Breaking Market News (@financialjuice) September 18, 2023
US TREASURY SECRETARY YELLEN: US-CHINA BILATERAL TALKS SHOULD BE COMPLETELY ROUTINE.— Breaking Market News (@financialjuice) September 18, 2023
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Consumer spending, which accounts for about 60% of U.S. economic activity, has taken a few knocks but remains healthy overall.
A typical day sees almost $4 trillion in new FX swap contracts, most of which involve a payment of US dollars (BIS (2022)). Unlike for repo and other forms of debt, the full ...
tweet: ECB'S VILLEROY: THE ECB WILL MAINTAIN RATES AT 4% AS NEEDED. tweet: FRENCH HICP INFLATION SEEN AT 5.8% IN 2023 (PREVIOUSLY 5.6%), 2.6% IN 2024 (PREVIOUSLY 2.4) AND 1.8% IN 2025 (PREVIOUSLY 1.9%). tweet: BANK OF FRANCE SEES GDP GROWTH AT 0.9% IN 2023 & 2024. tweet: BANK OF FRANCE CUTS 2024 CORE INFLATION FORECAST TO 2.8% VS 3%.
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Expectations are that the FOMC will leave rates unchanged after their deliberations on September 19-20. These are unlikely to be disappointed. The FOMC is unanimous in its ...
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for July 2023. The next release, which will report on data for August 2023, is ...
A return to the Great Moderation Era looks unlikely, which might lead to an increasingly volatile—and somewhat unfamiliar—inflationary, economic, and geopolitical landscape. It's ...