I hope to be in a low interest rate environment for some time – Janet Yellen

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United States Secretary of the Treasury Janet Yellen He said on Tuesday that he expects to be in a low interest rate environment for some time, but added that they have yet to make sure deficits remain manageable, Reuters reported.

Featured statements

“US President Joe Biden’s overall program will make a big difference to inequality.”

“There is more to do around inequality than simply promote education.”

“Marginal tax rates are much less powerful in influencing growth than many thought.”

“Little evidence of an investment explosion after Trump’s tax cuts.”

“Private investment will be essential to reach zero net emissions.”

Market reaction

The S&P 500 Index it remains deep in negative territory and was last seen shedding 1.2% on the day at 4,141.

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