Yellen clarifies she is not predicting Fed rate increases

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The US Treasury Secretary suggested earlier that interest rates may need to rise slightly to keep the economy from overheating. Those remarks sent ...

to keep the economy from overheating. Those remarks sent stock prices down with the declines led by tech shares.

But later in the day, Yellen was asked about the market reaction to the comments at a separate virtual conference sponsored by the Wall Street Journal. She said a rise in interest rates"is not something that I am predicting or recommending".

 

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She is saying this to covered her ass...this is how pathetic this person is...another great failure of USA...😷

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