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

    8 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

    8 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

    8 days ago - By CNBC


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