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Treasury Secretary Janet Yellen says higher interest rates may be needed so economy doesn"t "overheat"

The comments contrast with the Federal Reserve's outlook, which sees rates near zero through 2023 amid "transi.....»»

Category: worldSource: nytMay 4th, 2021

Gold prices end higher as Yellen clarifies recent comments on interest rates

Gold futures ended higher on Wednesday to recoup only part of what they lost a day earlier as U.S. Treasury Secretary Janet Yellen clarified recent remarks and said she was neither predicting nor recommending that the Federal Reserve raise intere.....»»

Category: topSource: marketwatchMay 5th, 2021

Market Snapshot: What happened in the stock market today? Tech sees worst day since March, Dow ekes out gain

Stocks end mostly lower Tuesday, but come sharply off their lows as investors sift through comments from U.S. Treasury Secretary Janet Yellen who said interest rates could rise a bit if the economy overheats......»»

Category: topSource: marketwatchMay 4th, 2021

Stocks Extend Losses After Yellen Says "Rates Will Have To Rise"

Stocks Extend Losses After Yellen Says "Rates Will Have To Rise" Treasury Secretary Janet Yellen is speaking at The Atlantic's "Future Economy Summit" this morning - a speech she pre-recorded yesterday - a.....»»

Category: blogSource: zerohedgeMay 4th, 2021

Yellen describes vaccines as global economy"s "strongest stimulus" in G-20 letter

Treasury Secretary Janet Yellen on Thursday said vaccinations are the strongest stimulus that countries can provide to the world economy, in a letter to Group of 20 countries. "A rapid and truly global vaccination program is the strongest stimulus we c.....»»

Category: topSource: marketwatchFeb 25th, 2021

Stocks gain as Deere lifts outlook, Yellen calls for coronavirus relief

U.S. equity markets opened modestly higher Friday after Treasury Secretary Janet Yellen called for Congress to deliver a “big package” for COVID-19 relief......»»

Category: topSource: foxnewsFeb 19th, 2021

Stocks set for gains as Yellen calls on Congress to deliver coronavirus relief

U.S. equity markets were set to open modestly higher Friday after Treasury Secretary Janet Yellen called for Congress to deliver a “big package” for COVID-19 relief......»»

Category: topSource: foxnewsFeb 19th, 2021

Janet Yellen pushes for $1.9 trillion in stimulus after weak jobs numbers, saying there"s "so much pain" in the economy

The Treasury secretary pointed out that if the US unemployment rate is "properly measured" it's close to 10%. Treasury Secretary Janet Yellen pushed for stimulus checks. Andrew Harnik/A.....»»

Category: topSource: businessinsiderFeb 19th, 2021

Janet Yellen says "misuse" of cryptocurrencies like bitcoin is a growing problem, as regulators increase scrutiny after surge in interest

Treasury secretary Janet Yellen said cryptocurrencies like bitcoin have been "used to launder the profits of online drug traffickers." Janet Yellen had more tough talk on cryptocurrencies like bitcoin, flagging their 'misuse......»»

Category: personnelSource: nytFeb 11th, 2021

Stocks inch higher as Yellen meets Fed, SEC on Reddit trading madness

Treasury Secretary Janet Yellen will meet with regulators on the Reddit trading frenzy Thursday......»»

Category: topSource: foxnewsFeb 4th, 2021

Stocks forge ahead as Yellen meets on Reddit trading madness

U.S. stock futures were modestly higher Thursday morning as Treasury Secretary Janet Yellen was set to meet with regulators on the Reddit trading frenzy and as earnings season rolled on......»»

Category: topSource: foxnewsFeb 4th, 2021

Why Electric Vehicle Stocks Are Trading Higher Today

A number of electric vehicle shares are trading higher after President-elect Joe Biden's choice for treasury secretary nominee, Janet Yellen, said electric vehicles are a good way to address climate change and create jobs for Americans. read more.....»»

Category: blogSource: benzingaJan 19th, 2021

Europe Markets: European markets trade higher as wave of earnings reports buoy stocks

European indexes inched higher on Tuesday, as a wave of upbeat earnings reports helped keep stocks in the green, while markets anticipate U.S. Treasury Secretary nominee Janet Yellen’s closely watched appearance before Congress later in the day......»»

Category: topSource: marketwatchJan 19th, 2021

U.S. has no need to buy back debt, will take advantage of low interest rates: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Monday he sees no need for the country to buy back debt and that he plans to borrow money long-term to lock in low interest rates, as the coronavirus pandemic rocks the economy......»»

Category: topSource: reutersMay 11th, 2020

Former Fed chair Yellen says yield curve may signal need to cut rates, not a recession

Former U.S. Federal Reserve chair Janet Yellen said on Monday the U.S. Treasury yield curve may signal the need to cut interest rates at some point, but it does not signal a recession......»»

Category: topSource: reutersMar 25th, 2019

Need to Know: Hedge funds had become ‘extreme’ sellers of stocks even before Yellen’s interest-rate remarks. Here’s why.

Even before the Treasury secretary and former Fed chair spooked markets, hedge funds had been aggressive sellers of stocks......»»

Category: topSource: marketwatchMay 5th, 2021

NewsWatch: Hedge funds had become ‘extreme’ sellers of stocks even before Yellen’s interest-rate remarks. Here’s why.

Even before the Treasury secretary and former Fed chair spooked markets, hedge funds had been aggressive sellers of stocks......»»

Category: topSource: marketwatchMay 5th, 2021

Warren Buffett, Mohamed El-Erian and now Janet Yellen spark fears over a pickup in inflation that could pile pressure on the Fed

Treasury Secretary Janet Yellen quickly rowed back her comments on inflation, but they were enough to cause concern on Wall Street. Warren Buffett said he was seeing "very substantial inflation." Nati Harnik/AP Janet Yell.....»»

Category: dealsSource: nytMay 5th, 2021

Stocks end mostly lower, with Nasdaq slumping nearly 2% as tech shares sell off

Stocks ended lower Tuesday, with a selloff by tech-related heavyweights sending the Nasdaq Composite to a sharp loss. Remarks by Treasury Secretary Janet Yellen, who said tha.....»»

Category: topSource: marketwatchMay 4th, 2021

Treasury Secretary Janet Yellen says a "shocking" $7 trillion in taxes is going uncollected

Yellen urged that additional steps be taken to fetch the revenue, which could be used to finance President Joe Biden's $4 trillion spending plan. Treasury S.....»»

Category: topSource: businessinsiderMay 4th, 2021

Treasury Secretary Janet Yellen says a "shocking" $7 trillion in taxes are going uncollected

Yellen urged that additional steps be taken to fetch .....»»

Category: worldSource: nytMay 4th, 2021