Tuesday’s White House defends Treasury Secretary Janet Yellen After she said, interest rates may eventually have to rise to prevent the US economy from overheating in the midst of a large injection of federal spending.
“President Biden certainly agrees with his Treasury Secretary,” spokesman Jen Psaki told White House reporters. “Among all people, the secretary Yellen Certainly understand the role of independence Federal Reserve I think she simply answered the question and told her how she was balancing her decisions here. “
And think… only talking about interest rates gave red day for NASDAQ. But if they plan to really do it, could you imagine how much NASDAQ could fall?
You really risk putting money in there?