Yellen Touts 'Friend-Shoring' as Global Supply-Chain Fix

In a speech in South Korea, U.S. Treasury Secretary Janet Yellen singled out China that the U.S. and others should be less reliant on.

By Christopher Condon, Heejin Kim & By Sam Kim | July 19, 2022 at 04:42 PM

Photo: U.S. Secretary of the Treasury Janet Yellen.

U.S. Treasury Secretary Janet Yellen called on "trusted" U.S. allies to strengthen trade relationships to shore up global supply chains disrupted by the pandemic, worsened by Russia's war in Ukraine and threatened longer-term by a reliance on China.

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1 Fed Lowers Interest Rates by a Quarter Point

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3 U.S.–Euro Rates Gap Is Set to Widen Again

4 Subway Builds a Fast, Fresh Approach to Treasury

5 Tariff Inflation Will Likely Be Transitory

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Fed Lowers Interest Rates by a Quarter Point

By Amara Omeokwe | December 18, 2024

However, officials reduced their expected number of rate cuts for next year from four to two.

Fed Lowers Interest Rates by a Quarter Point

U.S.–Euro Rates Gap Is Set to Widen Again

By Catarina Saraiva | December 16, 2024

In his first term, Trump bashed the Fed for allowing higher interest rates in the U.S. vs. Europe to drive up the dollar and hurt exports. Next year will likely bring more of the same, as the U.S. economy remains considerably stronger, meaning rates here will likely fall more slowly than in the Eurozone.

U.S.–Euro Rates Gap Is Set to Widen Again

Tariff Inflation Will Likely Be Transitory

By Catarina Saraiva | December 13, 2024

Nevertheless, the Fed may feel compelled to raise interest rates as soon as the first signs of a tariff-led bump in inflation emerge.

Tariff Inflation Will Likely Be Transitory

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