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
congress.govJanet L. Yellen: “Historically, it is a high level, but on the other hand, interest rates, real interest rates have moved down…”
Editor's note · Context
Yellen discusses the sustainability of high debt levels due to low interest rates.
Share
More from Janet L. Yellen
Mar 22, 2023
Our budget request shores up our capacity to respond to Russia's immoral war in advance of our national security priorities.
Jun 4, 2024
The guidelines that we have put in effect for all Treasury employees... conform with OMB and Administration guidance.
Mar 22, 2023
It is a fundamental, basic responsibility of Congress to pay the Government's bills.
Jun 4, 2024
The guidelines that we have put in effect for all Treasury employees... conform with OMB and Administration guidance.