Treasury Sec Yellen: USD movements largely reflect fundamentals | Forexlive

• Intends to deepen interactions with Chinese officials
• Believes US can avoid recession given there is no wage-prices spiral and that supply chains easing
• Apartment rents are coming down with a lag
• I believe we’re on the right track in lowering inflation
• Change in China covid stance could lead to a pickup in growth but it will depend on public health consequences

There isn’t much to take away here.