• Treasury Secretary Janet Yellen says higher interest rates may be needed so economy doesn't 'overheat'

    10 days ago - By Business Insider

    Summary List Placement Treasury Secretary Janet Yellen is among the country's most experienced economic policy experts.
    A veteran of the Clinton and Obama administrations, Yellen has long been characterized as an economist closely associated with the center-left. That changed after the slow recovery from the Great Recession saw her transform into an ultra-dove, urging stimulus to hasten the recovery in 2010.
    Now, as Treasury Secretary for President Joe Biden, she presides over a level of stimulus unseen since World War II - and she is sounding suddenly hawkish, especially in her remarks...
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  • Janet Yellen says interest rates might need to rise to keep economy from overheating

    Janet Yellen says interest rates might need to rise to keep economy from overheating

    10 days ago - By NY Times

    Ms. Yellen, the Treasury secretary, did not predict a huge spike in interest rates but said that some “modest” increases might be necessary. The Treasury secretary has no role in setting interest rates.
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  • Treasury Secretary Yellen says rates may have to rise somewhat to keep economy from overheating

    10 days ago - By CNBC


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