U.S. Treasury Secretary Yellen Speaking At WSJ Event Says We Need To Cooperate With China To Address Global Challenges, Including Debt And Climate Change; We Are In Regular Conversations With Chinese Counterparts To Try To Make Progress In These Areas
Portfolio Pulse from Benzinga Newsdesk
U.S. Treasury Secretary Janet Yellen emphasized the importance of cooperation with China to tackle global challenges such as debt and climate change. Speaking at a WSJ event, Yellen mentioned ongoing conversations with Chinese counterparts to make progress in these areas.
December 12, 2023 | 3:08 pm
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Yellen's comments on US-China cooperation may influence market sentiment and impact SPY, reflecting broader economic and geopolitical relations.
While Yellen's statements are significant for long-term geopolitical and economic trends, they do not directly relate to immediate market movements or specific policies that would directly impact SPY in the short term. However, improved US-China relations could foster a positive market environment.
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