Treasury Secretary Yellen Hints at Rise in Rates

Automatic TRANSCRIPT

Did janet yellen just put the market on notice that higher rates are coming. It may be that interest rates will have to rise somewhat to make sure our economy doesn't overheat and just hours later the white house back that up. You mentioned this coming friday. She said in remarks published today that interest rates will have to rise somewhat to make sure that our economy doesn't overheat. This president vice president certainly agrees with his treasury secretary secretary later clarified her remarks. Saying it's not something. I'm predicting are recommending. If anyone appreciate the independence of the fed. I think that person is me but still her comments got us. Thinking could higher rates beyond the way either changing fed policy perhaps pressure from the white house or possibly a change at the top with fed chair. Jerome powell term ending in february

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