Janet Yellen, U.S. Treasury Secretary, Will Meet With Chinese Counterpart
The high-level meetings in San Francisco will lay the groundwork for talks between President Biden and China’s top leader, Xi Jinping.
Posted inCredit and Debt Federal Budget (US) Federal Reserve System Government Bonds Interest Rates Treasury Department
Why Wall Street Is So Worried About ‘Refunding’
A routine announcement by the Treasury Department about its borrowing plans has attracted more attention than usual because of the rapid rise in interest rates.
Posted inFederal Reserve System Inflation (Economics) Interest Rates internal-storyline-no Powell, Jerome H Stocks and Bonds Treasury Department United States Economy
Markets Await the Fed’s Next Interest Rate Move
The central bank is expected to leave interest rates unchanged on Wednesday, but Wall Street is growing increasingly anxious over its next move.
Posted inBiden, Joseph R Jr European Union Inflation Reduction Act of 2022 International Trade and World Market Treasury Department
U.S. Looks to Allay European Fears of a Subsidy War
Wally Adeyemo, the deputy Treasury secretary, will argue in a speech in Germany that the Biden administration’s climate law is not protectionist.