Janet Yellen actually said...

You should be aware that interest rates are likely to rise and that will raise the interest cost of the debt.

Yellen warns about rising interest rates affecting debt costs.

07/14/2015

More Janet Yellen Quotes

I would not favor trying to raise our inflation objective above where it is.

First of all, it raises the real or inflation-adjusted cost of capital, and it also redistributes debt burdens.

I completely agree with you that community banks were not the source of the financial crisis, and my colleagues and I do not want to see the...

I think it is essential that the path of debt to GDP be one that is sustainable over time.