US Treasury Secretary Janet Yellen spoke earlier in the Asian session on Friday, appreciating the US economic resilience and the Federal Reserve’s (Fed) strong performance.
Key quotes
The US Federal Reserve is performing strongly.
Feeling very satisfied with the path that the US economy is on.
Market reaction
At the press time, the US Dollar Index is attempting a tepid bounce to near 103.60, adding 0.06% on the day. The gauge tumbled in sync with the USD/JPY pair on Thursday and reached a three-day low of 103.27.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.fxstreet.com/news/us-treasury-sec-yellen-satisfied-with-performance-of-us-economy-and-the-fed-202312080211
