U.S. Treasury Secretary, Janet Yellen, is set to meet finance ministers from the Group of 20 countries in India, following a trip to Beijing. Yellen’s main objectives during her visit include pressing for debt restructuring in developing countries, pushing for modernisation of global development banks to focus more on climate change, and deepening the US-India relationship.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend