Higher interest rates would be good for the country, Treasury Secretary Yellen says
6/8/21
< < Go Back
from CNBC,
6/6/21:
The former Federal Reserve chair said the president’s plans would total about $400 billion each year — a level of spending she argued was not enough to create an inflation over-run.
“If we ended up with a slightly higher interest rate environment it would actually be a plus for society’s point of view and the Fed’s point of view,” Yellen told Bloomberg.
More From CNBC:
Rss Feed