Yellen says rates might have to rise to stop overheating United States Treasury Secretary Janet Yellen said on Tuesday that interest rates may have to rise in order to keep the economy from overheating on the back of massive government stimulus.
"It may be that interest rates will have to rise somewhat to make sure that our economy doesnt overheat," Yellen said at The Atlantics Future Economy Summit. "Even though additional spending is relatively small to the size of the economy, it could cause some very modest increases in interest rates," according to the Treasury secretary.
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