US Treasury Secretary Janet Yellen denies intentionally increasing short-term interest rates through bill issuance.
US Treasury Secretary Janet Yellen dismissed claims that bill issuance is aimed at increasing short-term interest rates, describing it as not targeted for a 'sugar high' effect on the economy. Yellen rejected suggestions made by Republican senators that the Treasury is deliberately increasing issuance of short-term Treasury bills at higher interest rates.
June 04, 2024
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