Tue, 21-Oct-2025

Russia’s behavior is “so offensive” to international norms

US Treasury Secretary, Janet Yellen said that ahe and other finance ministers, quit of G20 meeting on Wednesday, because it was “so offensive.” She said the meeting with Russia, included the common challenges faced by countries, yet, it cannot be a usual business with Russia. She departed along with European and other Western officials that … Read more

Yellen, US Treasury Secretary, will meet with Suzuki, Japan’s Finance Minister

Yellen

TOKYO: The Treasury Department stated that US Treasury Secretary Janet Yellen will meet with her Japanese counterpart Shunichi Suzuki on the sidelines of the Group of 20 finance leaders’ summit in Washington. The meeting is scheduled for later this week. Following a severe depreciation in the yen, authorities in both nations agreed late last month … Read more

Tariffs cut on Chinese goods could ease US inflationary pressures: Yellen

US inflationary

WASHINGTON: Lowering tariffs imposed by the former Trump administration on Chinese goods could help ease some inflationary pressures, US Treasury Secretary Janet Yellen has said. Yellen made the remarks on Thursday at Reuters Next, a virtual global conference held from Wednesday to Friday, during which she said the tariffs of up to 25 per cent on … Read more

Monthly US inflation to return to 0.3% in second half of 2022: Yellen

US inflation

WASHINGTON: US Treasury Secretary Janet Yellen said on Monday she expects the current record-high inflation to ease, with monthly rates falling back to 0.2 per cent or 0.3 per cent in the second half of 2022. “I’m hoping and expecting in the second half of next year, to see monthly CPI (consumer price index) rates coming … Read more