US Treasury Sec. Yellen: Satisfied with performance of US economy and the Fed

Market news

8 December 2023

US Treasury Sec. Yellen: Satisfied with performance of US economy and the Fed

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.

Commodities. Daily history for Thursday, December 7, 2023

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