US Treasury Sec. Yellen warns of a global downturn on US default
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US Treasury Secretary Janet Yellen once again warned that the “US default would threaten US recovery, sparking a global downturn that would set us back much further.”
The safe-haven Greenback fails to find any inspiration from Yellen’s warning, as the US Dollar Index pauses its rebound to trade flat at 101.50, as of writing.
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