Tag: US Treasury

Russia’s war in Ukraine ‘greatest challenge’ to global economy, says US Treasury chief Yellen

  by Jack MOORE Agence France Presse Russia’s war in Ukraine poses the greatest threat to the global economy, US Treasury Secretary Janet Yellen said Thursday as G20 ministers prepare to start talks in Indonesia. Moscow’s invasion has sent inflation soaring at a time when the world is struggling to recover from the Covid-19 pandemic, endangering the gains of the past two years and threatening widespread hunger and poverty. “Our greatest challenge today comes from […]

Dollar falls, stocks pare gains after Trump inauguration

  By Sinead Carew NEW YORK, Jan 20 (Reuters) – The dollar was down but U.S. stock indexes pared their gains in the last day of a choppy trading week, after Donald Trump’s inaugural speech as U.S. President prompted investor concern about protectionist trade policies. U.S. Treasury yields fell slightly as Trump spoke but were still up on the day. The dollar, which has lost some of its momentum in recent weeks, was off 0.2 […]