I want to start by thanking all of you for indulging a National Security Advisor to discuss economics. As most of you know, Secretary Yellen gave an important speech just down the street last week on our economic policy with respect to China. Today I’d like to zoom out to our broader ...
Yellen plans to meet with Chinese officials to talk about and maybe solve these trading issues when she goes to China. U.S. and Global Market Ramifications What worries Yellen is that China’s overproduction isn’t just an economic strategy, but it’s messing up global prices and how things...
YELLEN: It may have contributed a little bit to the inflation. But by and large, the inflation was a supply-side phenomenon. The pandemic had led to shortages of goods coming from China and other parts of the world, had shut down, you know, left...
The most active gold contract for April delivery fell 6.4 U.S. dollars, or 0.52 percent, to settle at 1,226.50 dollars per ounce. The market focused on Yellen's speech at the Executives' Club of Chicago, as she said that the March Federal Open Market Committee (FOMC) meeting may see a...