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ICYMI – Yellen spoke Thursday on inflation, China tariffs

US Treasury Secretary Yellen spoke On Thursday. In her remarks were comments on inflation and China.

Yellen firmly stepping into election territory here:

Biden understands struggles of American households with higher costs
for housing, basic necessitiesBiden wants to cut
taxes for hardworking families through expansion of child tax creditBiden has made
affordability a top priority

And, on China:

Believes new tariffs on Chinese goods are highly strategicIt was inappropriate
to remove US tariffs on China since they have not addressed US
concerns

China will remain a whipping boy right through until the election. On both sides:

This article was written by Eamonn Sheridan at www.forexlive.com.

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