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Tag: Janet Yellen

U.S. is pushing China to change a policy threatening American jobs, Treasury Secretary Yellen says
8Apr By adminNo Comments
Money

U.S. is pushing China to change a policy threatening American jobs, Treasury Secretary Yellen says

The Biden administration is pushing China to change an industrial policy that poses a threat to U.S. jobs, Treasury Secretary Janet Yellen said Monday after ending four days of talks with Chinese officials.She also said she and Chinese officials had "difficult conversations" about national security, including American concerns that Chinese companies are supporting Russia in its war in Ukraine.But the focus of her trip was industrial policy, and what the U.S. and Europe describe as manufacturing overcapacity in China. Wealthy nations fear a wave of low-priced Chinese exports that will overwhelm factories at home, undercutting prices from U.S. manufacturers and risking job losses. Still, Yellen also stressed that the U.S. is seeking "a healthy economic re...
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Wall Street Has a Plan for a Soft Landing: Buy More Stocks
20Nov By adminNo Comments
World

Wall Street Has a Plan for a Soft Landing: Buy More Stocks

Wall Street believes its soft-landing dream is on the verge of coming true. That is prompting a fresh wave of demand for stocks. Markets have rallied since last week’s consumer-inflation report came in softer than expected. Many analysts and portfolio managers said they expect the gains to pick up heading into year-end, reflecting a sense that markets have faced down their most significant challenge: the potential for rising bond yields to crimp economic activity, reduce demand for stocks and send the U.S. economy into recession.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Wall Street Has a Plan for a Soft Landing: Buy More Stocks
19Nov By adminNo Comments
Money

Wall Street Has a Plan for a Soft Landing: Buy More Stocks

Wall Street believes its soft-landing dream is on the verge of coming true. That is prompting a fresh wave of demand for stocks. Markets have rallied since last week’s consumer-inflation report came in softer than expected. Many analysts and portfolio managers said they expect the gains to pick up heading into year-end, reflecting a sense that markets have faced down their most significant challenge: the potential for rising bond yields to crimp economic activity, reduce demand for stocks and send the U.S. economy into recession.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Wall Street Has a Plan for a Soft Landing: Buy More Stocks
19Nov By adminNo Comments
World

Wall Street Has a Plan for a Soft Landing: Buy More Stocks

Wall Street believes its soft-landing dream is on the verge of coming true. That is prompting a fresh wave of demand for stocks. Markets have rallied since last week’s consumer-inflation report came in softer than expected. Many analysts and portfolio managers said they expect the gains to pick up heading into year-end, reflecting a sense that markets have faced down their most significant challenge: the potential for rising bond yields to crimp economic activity, reduce demand for stocks and send the U.S. economy into recession.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Wall Street Loves Washington’s New Debt Approach—for Now
19Nov By adminNo Comments
Money

Wall Street Loves Washington’s New Debt Approach—for Now

Updated Nov. 16, 2023 4:04 pm ETSwelling deficits and weak investor appetite for long-term U.S. debt are pushing the Treasury Department to get more creative with how it borrows. Markets are thrilled—but the approach comes with risks. The Treasury has long embraced the mantra of “regular and predictable” debt sales to avoid creating market volatility as it finances the U.S. deficit. Recently, though, high interest rates have driven investors to eschew longer-term Treasurys. The government has had to adapt, cutting back this month on expected increases in long-term bonds and favoring more short-term debt.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Placating Xi Won’t Change China’s Behavior
13Nov By adminNo Comments
Health

Placating Xi Won’t Change China’s Behavior

In an article previewing President Biden’s meeting with China’s Xi Jinping this week, Treasury Secretary Janet Yellen said the U.S. has “a pragmatic economic strategy: one that protects our vital national security interests while seeking a stable and healthy economic relationship” with Beijing. But in the perilous and fast-changing world of late 2023, Beijing doesn’t seem interested in that sort of balance. From supporting other authoritarians’ military efforts to trying to displace the U.S.-led global financial system, Mr. Xi is undermining the security of America and its allies. But China’s weakening economy offers an opportunity to win meaningful changes in Beijing’s policies. It will take a hard-line approach to get China’s attention.Mr. Xi certainly won’t be soft in negotiations. He ...
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