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3232US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense
https://www.digit.info/us-treasury-secretary-yellen-warns-of-challenges-in-controlling-deficits-and-interest-expense/
Mon, 27 May 2024 18:15:59 +0000https://www.digit.info/2024/05/27/us-treasury-secretary-yellen-warns-of-challenges-in-controlling-deficits-and-interest-expense/Read more]]>U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more challenging to keep deficits and interest expense under control,” Yellen told Bloomberg […]