US Fed rate cut is ‘very positive sign’ for economy: Yellen …C0NTINUE READING HERE >>>
US Treasury Secretary Janet Yellen also defended tariffs that President Joe Biden’s administration recently hiked on Chinese goods.
Photo: Allison Joyce / AFP/File
Source: AFP
The US central bank’s decision to slash interest rates this week is a “very positive sign” for where the world’s biggest economy stands, US Treasury Secretary Janet Yellen said Thursday.
Yellen’s remarks came a day after the Federal Reserve opted for an aggressive rate cut of half a percentage point, its first…
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