Published 10 days ago

Yellen says U.S. economy not likely weakening, all options open on China's overcapacity

Yellen raised U.S. Concerns with Chinese officials about flooding global markets with clean energy products during her recent trip to China, addressing the issue of industrial overcapacity.
China's practice of exporting to achieve full employment is criticized by Yellen as unacceptable to the world.
Yellen emphasized the importance of China acknowledging and acting on the concern, stating the issue will not be quickly resolved.

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Reuters

Yellen says U.S. economy not likely weakening, all options open on China's overcapacity

10 days ago·United Kingdom

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CNN

Yellen: US economy strong, not overheated

Despite a weaker-than-expected first-quarter GDP reading, the US economy is “firing on all cylinders” and inflation is on a path toward a more normal level, US Treasury Secretary Janet Yellen said Thursday in an interview with Reuters.

10 days ago·Atlanta, United States

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KRDO

Yellen: US economy strong, not overheated

By Alicia Wallace, CNN (CNN) — Despite a weaker-than-expected first-quarter GDP reading, the US economy is “firing on all cylinders” and inflation is on a path toward a more normal level, US Treasury Secretary Janet Yellen said Thursday in an interview with Reuters. Yellen on Thursday was interviewed by Reuters’ editor in chief Alessandra Galloni as part of the news organization’s NEXT Newsmakers series. “The economy is clearly performing very w…

10 days ago·Colorado Springs, United States

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VOA News

Nothing off the table in US response to China overcapacity, Yellen says

washington — The Biden administration is not taking any options off the table to respond to China's excess industrial capacity, which is a top concern for the U.S. and its allies, U.S. Treasury Secretary Janet Yellen told Reuters on Thursday. China exporting its way to full employment is not acceptable to the rest of the world, Yellen said in a Reuters Next interview in Washington. Yellen said that during her trip to China earlier this month, s…

10 days ago·United States

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Albany Herald

Yellen: US economy strong, not overheated

(CNN) — Despite a weaker-than-expected first-quarter GDP reading, the US economy is “firing on all cylinders” and inflation is on a path toward a more normal level, US Treasury Secretary

10 days ago

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Kitco NEWS

US economic growth slows more than expected in first quarter

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

11 days ago

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