Janet L. Yellen: “Historically, it is a high level, but on the other hand, interest…”

On the recordMarch 22, 2023

Historically, it is a high level, but on the other hand, interest rates, real interest rates have moved down substantially in recent decades.

Said by

Janet L. Yellen

Source

Yellen discusses the sustainability of high debt levels due to low interest rates.

More from Janet L. Yellen

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We are changing that. Our budget request provides steady State operational funding that will allow taxpayers to receive the best service possible.

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Well, I am not going to make a blanket statement that I agree with that.

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The guidelines that we have put in effect for all Treasury employees... conform with OMB and Administration guidance.

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Janet L. Yellen: “Historically, it is a high level, but on the other hand, interest rates, real interest rates have moved down…”