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Biden's meeting with Macron comes amid rising transatlantic tensions

Biden’s meeting with Macron comes amid rising transatlantic tensions

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Follow our live coverage of Biden receives Macron at the White House. WASHINGTON — In a meeting with Treasury Secretary Janet L. Yellen in Bali, Indonesia last month, French Finance Minister Bruno Le Maire raised objections to the Biden administration’s plan to bolster the US clean energy industry through subsidies and other preferential treatment for …

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Powell says Fed could slow rate hikes at next meeting

Powell says Fed could slow rate hikes at next meeting

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Jerome H. Powell, the chairman of the Federal Reserve, signaled on Wednesday that the central bank may slow its rapid pace of raising interest rates at its December meeting while noting that borrowing costs need to rise further. as policymakers remain concerned about a sustained surge in inflation. . Investors cheered his comments, with stocks …

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