Treasury Secretary Yellen: Banking system remains sound.

US Treasury Secretary Yellen is a speaking and says:

• US banking system remains sound and we will take necessary steps to ensure US financial system is strongest in that safest in the world
• China's economic growth need not be incompatible with US economic leadership
• China's no limits partnership and support for Russia is a worry some indication that it is not serious about ending the war in Ukraine
• US will make clear that consequences of any violations of sanctions on Russia by Chinese companies would be severe
• Will continue to impose sanctions on Chinese officials, companies over human rights abuses
• Does not seek to decouple US Chinese economies

\inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term