The credit rating agency Fitch Ratings has lowered the long-term debt solvency rating of the United States one notch, which now stands at 'AA+' from 'AAA' with a stable outlook, as a reflection of the expected fiscal deterioration over the next few three years and the high and growing debt burden of…
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janet yellen
Yellen does not believe there is a recession in the United States
The United States Treasury Secretary, Janet Yellen, indicated this Sunday in India during her meeting with the G20, that the country's economy is showing a good change, so she does not believe that they will enter a recession.
Speaking to…
The US will extend protection to banks in the face of the financial situation
The United States Secretary of the Treasury, Janet Yellen, is considering expanding the protection of depositors from other small entities under conditions similar to those of the intervention of Silicon Valley Bank (SVB) and Signature…
Yellen assures that the US economic outlook has improved
US Treasury Secretary Janet Yellen highlighted the improvement in the economic outlook, underscoring the resilience shown by the US economy.
"The challenges we face are real and the future is always uncertain. But the outlook has improved…
Inflation in the US will be lower in 2023
The secretary of the United States Department of the Treasury, Janet Yellen, is confident that the inflation rate will be "much lower" by the end of next year, while she has not ruled out the risk of a double-dip recession in the world's…
Russia threatens to cut oil supply
The Russian government has threatened to cut off oil supplies to those countries that decide to put a cap on the price of Russian crude, an idea that the United States plans to bring to the G7 this Friday.
"If they impose restrictions on…
Retirement plans in crypto represent a risk
US Treasury Secretary Janet Yellen explained that investing in cryptocurrencies is a “very risky option” to include in the retirement plans of average American savers, and it would be reasonable for Congress to face the danger.
“It is not…
Biden will respect the autonomy of the Federal Reserve
Joe Biden, president of the United States, met Jerome Powell, president of the central bank, to discuss issues related to the economy and has promised to respect the autonomy and independence of the Federal Reserve in managing and…
G20 ratifies the 15 % tax on multinationals
G20 leaders ratified at the Rome summit their support for the minimum tax on multinationals of 15 % after years of talks, the White House said in a statement.
"All leaders supported a global minimum tax. The president of the United States,…
The US Treasury will keep the control of inflation
"I do not think we are going to lose control of inflation," said the Secretary of the Treasury of the United States, Janet Yellen, although she recognizes that the prices of products and services will continue to increase until the middle…
House of Representatives approves US debt extension
The United States House of Representatives approved the extension until the beginning of December of the Government's debt limit, a measure that will now have to be signed by the president Joe Biden, to turn the measure into law, thus…
US announces that its cash reserves will be depleted soon
The Secretary of the Treasury of the United States, Janet Yellen, reported that the Government will exhaust its cash reserves by October 18, for which it has urged Congress to approve the increase in the debt ceiling to avoid a possible…