stockmarket

Yellen’s G-7 Travel to Japan Cut Short By Debt-Limit Concerns


2/2

© Bloomberg. Janet Yellen, US Treasury secretary, during a Senate Finance Committee hearing in Washington, DC, US, on Thursday, March 16, 2023. The hearing is one of the first opportunities lawmakers will have to question a high-ranking official on recent bank failures along with the Treasury’s moves to ensure borrowers can access their funds.

2/2

(Bloomberg) — Treasury Secretary Janet Yellen shortened her upcoming trip to Japan to attend a gathering of finance ministers and central bank governors from the world’s largest economies thanks to the looming showdown over the US debt limit.

Yellen’s travel plans were compressed to ensure that she can continue participate in ongoing efforts in Washington to address the issue, a senior Treasury official said Friday in a conference call with reporters ahead of next week’s Group of Seven gathering in Niigata, Japan.

©2023 Bloomberg L.P.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.