US Treasury Secretary Yellen spoke On Thursday. In her remarks were comments on inflation and China.
Yellen firmly stepping into election territory here:
-
Biden understands struggles of American households with higher costs
for housing, basic necessities - Biden wants to cut
taxes for hardworking families through expansion of child tax credit - Biden has made
affordability a top priority
And, on China:
- Believes new tariffs on Chinese goods are highly strategic
- It was inappropriate
to remove US tariffs on China since they have not addressed US
concerns
China will remain a whipping boy right through until the election. On both sides:
This article was written by Eamonn Sheridan at www.forexlive.com.
