Janet Yellen to Yahoo Finance: 'I don't see the basis for a recession'

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 59 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Janet Yellen أخبار

Fed Officials

Treasury Secretary Janet Yellen told Yahoo Finance she does 'not see the basis' for a US recession, and she expects the Federal Reserve will hit its 2...

Treasury Secretary Janet Yellen told Yahoo Finance that she does "not see the basis" for a US recession, and that she expects the Federal Reserve will hit its 2% inflation target next year — a faster pace than projected by central bank policy makers.

Yellen on Monday announced some measures designed to help with high housing costs, including $100 million via a new fund over the next three years to support affordable housing financing. She was critical of a tax cuts passed during the administration of Donald Trump that lowered the corporate rate from 35% to 21%, saying that decision added to the deficit and "promised an investment boom that didn’t materialize."The Congressional Budget Office said last week that the federal budget deficit will reach an estimated $1.9 trillion in fiscal year 2024, up from the $1.5 trillion estimate released just four months ago.

If things stay that way while the US engages in deficit reduction "I think we will be on a fiscally sustainable course."Eric Trump's 'Unvarnished' Claim About Dad Gets Brutal Instant Fact Check“You come on my show, you respect my colleagues. Period,” Hunt later wrote on social media about literally silencing Karoline Leavitt on “This Morning.

A Russian soldier's killing of a wounded comrade highlights the 'brutal culture' rampant inside Russia's military, war analysts say

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

US Treasury Secretary Janet Yellen speaks to Yahoo FinanceThe Biden administration announced a series of new affordable housing initiatives. The plan includes a $100 million fund and expanded Federal Financing Bank ...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Evercore ISI, Goldman Sachs raise their S&P 500 targets: Yahoo FinanceStocks are kicking off a holiday shortened week on Wall Street. After the Nasdaq (^IXIC) and S&P 500 (^GSPC) closed at record highs last week, Evercore ISI...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Citi raises its S&P 500 target, Boeing CEO testifies: Yahoo FinanceThe S&P 500 (^GSPC) continues to get bullish calls, with Citi joining Goldman Sachs and Evercore ISI as the latest bank to raise its year-end target for the ...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Tesla shareholders decide Elon Musk’s pay, Adobe earnings on tap: Yahoo FinanceIt’s a big day for Tesla and its CEO Elon Musk. Investors are deciding whether or not to reinstate Musk’s $56 billion pay package. They’re also voting on...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Tesla shareholder vote: Yahoo Finance SpecialOn today's episode of 'Asking for a Trend,' host Josh Lipton dives into the controversial $56 billion pay package approved for Tesla CEO Elon Musk. While the...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Elon Musk wins Tesla pay vote, stocks under pressure: Yahoo FinanceTesla (TSLA) CEO Elon Musk has billions of reasons to celebrate this morning after shareholders approved his historic pay package. The nearly $50 billion...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »