Tue, 21-Oct-2025

Yellen cancels public event in Japan after Abe assassination

Yellen

Janet Yellen was scheduled to visit the Port of Yokohama on Tuesday. Former Japanese Prime Minister Shinzo Abe was shot and killed on Friday. Secretary of State Antony Blinken is extending his trip to Asia to include a stop-over in Tokyo. Following the murder of former Prime Minister Shinzo Abe, U.S. Treasury Secretary Janet Yellen … Read more

US recession not ‘inevitable,’ Treasury secretary says

US

Treasury Secretary Janet Yellen says a recession is not “inevitable”. The comments come after the US Federal Reserve raised interest rates, stoking worries. Skyrocketing prices and supply-chain bottlenecks made worse by the conflict in Ukraine A US recession is not “inevitable,” Treasury Secretary Janet Yellen said on Sunday, only days after the US Federal Reserve … Read more

Treasury Secretary Janet Yellen believes that inflation will “remain high”

Janet Yellen

“Treasury Secretary Janet Yellen admitted on Tuesday that she and Federal Reserve Chair Jerome Powell “could have used a better word” than “transitory” to describe the predicted run of inflation in the United States. “I do expect inflation to remain high although I very much hope that it will be coming down now,” Yellen told … Read more