HomeEconomyWhite House says Biden team monitors markets amid volatility Economy White House says Biden team monitors markets amid volatility By inew September 26, 2022 0 164 views Share FacebookTwitterPinterestWhatsApp us -0.% Add to Watchlist/Remove from Watchlist Add to watch list Add Location Position added successfully ly to: Please name you Portfolio of holdings type: purchase Sell date: quantity: price Point Value: ) Leverage: 1: 1 1: 1: 1: 1: 1: 1: 50 1: 10 1: 25 Communication Session: 1985 500 CREATE NEW WATCH LIST CREATE 500 1985 200 Create a New Holding Portfolio Add Create 2022100 + Add another position to close (Bloomberg) – Friday, at The administration will continue to keep a close eye on global financial markets following President Joe Biden’s meeting with his top economic advisers amid a weakening sterling. market, according to the White House. “We will continue to monitor global markets,” Whitt House press secretary Karin Jean-Pierre said at Monday’s briefing . “Regarding your question about the pound, so as you know, the president and vice president met with senior members of the economic team on Friday and were given an update on global economic developments as usual.” UK currency fell to its lowest level since Minimum Level , as investors express concern over the economic plan of newly-appointed Prime Minister Liz Truss, which has been since the largest round of tax cuts. s. Sterling fell further against the dollar on Monday, hitting a record low. Regarding the Biden administration’s views on the UK’s new economic plan, Jean-Pierre noted that “the UK is one of our closest allies”, “we Will leave their policy decisions to themselves.” In addition to the plunge in the pound, financial markets were also affected by the turmoil. sinces. This500 Standard & Poor’s drops more than % Treasury yields have soared over the past two weeks. well positioned Jean-Pierre said, bye Den’s aides delivered a message to the president on Friday that the United States was ready to meet the challenges of the global economy. “What we can talk about is what we do in America,” she said. “Our U.S. strategy, our economic strategy, is focused on long-term growth,” she said, aiming to boost investment and manufacturing while pursuing fiscal discipline. This “enables our nation to respond to challenging global times from the strongest position. Likewise, we will continue to monitor all indicators, and we will also monitor global markets.” ©200 Bloomberg LP Share FacebookTwitterPinterestWhatsApp Previous articleLowered profit forecasts raise concerns on shaky Wall StreetNext articleVoice actor Takahiro Sakurai confirms marital status to media inewhttps://inew.news RELATED ARTICLES Economy Shein shifts shipping strategy to bring China-made goods closer to US shoppers September 24, 2023 Economy Italy criticises Germany for funding migrant charity groups September 24, 2023 Economy China state asset manager plans $14 billion emerging industry fund -report September 24, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS Week 38 in review: Redmi Note 13 announced, iPhone 15 is now for sale September 24, 2023 Kaede Hondo, Reiji Kawashima Star in Mission: Yozakura Family Anime September 24, 2023 Shein shifts shipping strategy to bring China-made goods closer to US shoppers September 24, 2023 ‘Krapopolis’ Review: Dan Harmon’s New Fox Animated Comedy Is Atypically Bland September 24, 2023 Load more Featured NEWS Biden asks McCarthy to present GOP budget at White House meeting January 31, 2023 It's off-duty time.That's why August 27, 2022 Battery capacity of new Apple Watch models emerges September 13, 2022 Casino’s Genkel cookie casino 50 free spins Stortingsbonus Nederlandsecasino December 28, 2022 Load more
