Yellen

Yen Intervention? US Treasury Secretary Yellen Acknowledges Sharp Moves – What’s Next for Japan’s Currency?

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Mesa, Arizona – US Treasury Secretary Janet Yellen addressed concerns about the sharp fluctuations in the value of the yen this week, refraining from confirming whether Japan had taken steps to stabilize the currency. During a press briefing in Mesa, Yellen stated, “I’m not going to comment on whether they did or didn’t intervene. I think that that’s a rumor.” Yellen emphasized that while the yen experienced significant movement within a short timeframe, such interventions …

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Yellen Dodges Question on Japan’s Yen Intervention: What’s Really Happening Behind the Scenes?

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Mesa, Arizona – US Treasury Secretary Janet Yellen addressed the recent fluctuations in the value of the yen during a press conference following a speech she delivered in Mesa, Arizona over the weekend. Yellen refrained from confirming whether Japan had taken any action to bolster the currency, stating, “I’m not going to comment on whether they did or didn’t intervene.” The secretary dismissed such speculations as nothing more than rumors. Market analysts have been closely …

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China’s Treasury Secretary Yellen Pushes for Economic Fairness in Crucial Talks with Chinese Officials – What You Need to Know!

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Guangzhou, China – As Chinese Vice Finance Minister Liao Min and U.S. Ambassador to China Nicholas Burns welcomed U.S. Treasury Secretary Janet Yellen to Guangzhou on April 4, 2024, discussions of economic cooperation and mutual concerns took center stage. Yellen emphasized the importance of maintaining open communication on issues such as overcapacity and economic actions related to national security during her meeting with Vice Premier He Lifeng. She underscored the necessity of fostering a fair …

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China’s Janet Yellen tackles oversupply in key industries during second visit – click here for details!

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Guangzhou, China – US Treasury Secretary Janet Yellen embarked on her second visit to China, aiming to strengthen the relationship between the world’s two largest economies. During her initial meetings in Guangzhou, Yellen expressed concerns about the oversupply of Chinese goods in industries like electric vehicles (EVs) and solar panels, a crucial issue leading up to the upcoming US presidential election. Yellen emphasized the importance of a balanced economic relationship that benefits both countries during …

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China’s Yellen Warns Against Flood of Green Energy Exports: The New Threat Revealed

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Washington, D.C. – U.S. Treasury Secretary Janet Yellen has issued a warning to China regarding the potential flooding of global markets with inexpensive green energy exports. Yellen expressed concerns over China’s surplus of solar panels and electric vehicles, suggesting that these could be unfairly dumped into international markets, potentially disrupting the balance of supply and demand. Yellen’s cautionary remarks come amidst increasing tensions between the United States and China over trade and economic policies. The …

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Imports from Chile Surge as Yellen Looks to Green Transition Progress in US

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Santiago, Chile – The United States has seen a substantial increase in imports from Chile, according to Treasury Secretary Janet Yellen. Yellen expressed optimism about the progress being made toward a green transition in both countries. During a visit to Chile, Yellen noted the significant rise in U.S. imports from the South American nation. She highlighted the importance of promoting sustainable practices and transitioning to a greener economy to combat climate change. Yellen emphasized the …

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