Jun 7th, 2021

Yellen Says Higher Interest Rates Would Be ‘Plus’ for U.S.

Janet Yellen said President Joe Biden's $4 trillion spending plans could trigger inflation, but that it would actually be a "plus" for the society and the Federal Reserve. The Treasury Secretary spoke to Bloomberg after the Group of Seven finance ministers’ meeting. Enda Curran reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)