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US Treasury Sec. Yellen: US-China recognize they have the opportunity to work together

Speaking in an interview with CNBC News on Monday, US Treasury Secretary Janet Yellen said that the “US and China recognize they have the opportunity to work together.”

Additional comments

President Biden made clear to China's XI that Taiwan policy has not changed.

Discussed issues concerning China's investment in the US.

Americans still seeing increases in some important prices including food.

We do have concerns about issues with privacy and social media.

This matter has not been resolved.

I think we are making considerable progress and bringing inflation down.

Americans still seeing increases in some important prices including food.

Biden administration making investments that will improve conditions in many parts of the country.

We cannot allow Ukraine to lose battle on the homefront.

Ukraine is utterly dependent on US aid.

Israel urgently needs aid as well.

Aid is important for US national security.

We need to be a fiscally responsible and sustainable path for spending and taxation.

The higher interest rate environment does pose additional challenges for debt reduction.

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Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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