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Janet Yellen

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Richard Nixon pressured his Federal Reserve chair to cut interest rates. It led to a recession and high inflation.

‘A moment of sheer nihilism’: Trump is running into a problem many political populists face

The legal battle launched by the US president against the head of America’s central bank threatens a repeat of the darkest days of Richard Nixon.

  • Shane Wright

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Trump faces 37 criminal counts relating to the alleged mishandling of classified documents and his attempts to obstruct the FBI’s investigation.

The $58 trillion shadow hanging over Trump’s return

Donald Trump’s inauguration and expectations of the tumult he will release on day one of his administration have deflected attention from the emergence of a familiar threat to US stability.

  • Stephen Bartholomeusz
The AI craze has surprised Wall Street forecasters and spurred a race among strategists to keep up with a sharemarket rally.

The multitrillion-dollar threat that could spark another financial crisis

A fast-growing part of the financial system is setting off alarm bells.

  • Stephen Bartholomeusz
US Treasury Secretary, Janet Yellen has issued a plea to the European Union.

The US sends the world a China warning

The US wants a united front with Europe to respond to a flood of cheap imports from China, arguing the consequences of not doing so will be damaging.

  • Stephen Bartholomeusz
Chinese President Xi Jinping looks through documents during the opening session of the National People’s Congress.

China’s Xi Jinping might have to revise his five-year plan

China’s latest economic data highlights a glut of excess capacity and a flood of cheap exports, which is generating a growing backlash from a number of its trading partners.

  • Stephen Bartholomeusz
Russia has already branded any attempt to use the frozen funds for Ukraine’s benefit as “outright theft” and “banditry.”

The West wants to break into Russia’s $460b treasure chest

A risky push to unfreeze piles of Russian assets could have major unintended consequences.

  • Stephen Bartholomeusz
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US Treasury Secretary Janet Yellen criticised the move.

‘Critical mission’: Janet Yellen unwinds Trump’s financial deregulation

US financial regulators will now be able to designate big non-bank institutions like hedge funds, insurers and asset managers as systemically important, or too big to fail.

  • Stephen Bartholomeusz
Sharemarket listings and takeover deals are down 42 per cent year-on-year.

The $2.8 trillion question: America is hunting for cash, but there’s a bit of a problem

The US is going to put trillions worth of new debt up for sale before the end of the year as it tries to rebuild its cash reserves. There is an issue, however.

  • Stephen Bartholomeusz
US President Joe Biden

The US just paid a heavy price for Washington’s poison

The historic credit rating downgrade shines a light on how America’s bitterly divided, dysfunctional politics is playing a key role in its deteriorating financial position.

  • Stephen Bartholomeusz
Janet Yellen

What does the US really think about China? We just got some more clues

US Treasury Secretary Janet Yellen had to tread carefully on her four-day visit to Beijing.

  • Stephen Bartholomeusz