President Biden agrees with Treasury Secretary Janet Yellen, White House Press Secretary Jen Psaki says at a briefing when asked about Yellen’s comments that rates may need to rise.
- Psaki says the Biden administration takes “inflationary risk incredibly seriously”
- Yellen certainly understands the independence of the Federal Reserve: Psaki
Yellen Says Spending May Spur ‘Modest’ Interest-Rate Rises
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